The Nation Newspaper Akpabio and Niger Delta Development 2024 budget
The election of Senator Godswill Akpabio as the president of the Senate has raised questions about the fate of the budget for the Ministry of.
In 2022, the ministry received a slightly higher budget of N28.1 billion for Personnel Costs, Overhead Costs, and Capital projects. However, the situation in 2023 is alarming, as the ministry was handed a meagre envelope — dealing with a much smaller budget of N10 billion, which is N16.6 billion less than the 2021 budget.
Akpabio’s close ties with his colleagues, such as chairman, Senate Committee on Appropriations, Senator Solomon Adeola, and his counterpart in the Green Chamber, chairman, House Committee on Appropriation, Abubakar Bichi, could lead to collaborative efforts to secure additional funding for the ministry. These partnerships may involve appealing to the presidency and other relevant stakeholders to explore and source budgetary funding for the much-needed infrastructure in the oil-rich region.
One of the critical strategies to overcome this financial shortfall is active collaboration between the states and the federal government. It’s a major task, and it’s one that the current minister, Abubakar Momoh, has undertaken through his visits to the region and discussions with state governors for collaboration and partnerships in addressing the region’s infrastructural deficit.
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