Senate approves n346 3bn for nddc
It appears you're referring to a recent news article or development in Nigeria. Here's a breakdown of what I understand:
- The Nigerian Senate has approved a sum of N346 billion (approximately $900 million USD) for the Niger Delta Development Commission (NDDC).
- This approval is a significant development, as it will enable the NDDC to carry out various projects and initiatives aimed at developing the Niger Delta region.
For those who may not be familiar, the NDDC is a federal government agency responsible for the development of the Niger Delta region, which has been plagued by environmental degradation, poverty, and social unrest due to oil exploration and exploitation activities.
The approved funds will likely be used to finance various projects, including infrastructure development, education, healthcare, and economic empowerment initiatives, among others.
It's worth noting that the approval of this fund is a significant step towards addressing the developmental challenges facing the Niger Delta region, and it's hoped that the funds will be utilized effectively to bring about positive change in the region.
Please let me know if you have any further questions or if there's anything else I can help you with!