April 26, (THEWILL) – The Niger Delta Development Commission (NDDC), has signed a memorandum of understanding (MoU), with the United States Consulate and a United States-based firm, Atlanta Global Resources Inc. (AGRI), to construct a railway network connecting nine oil Producing states.
Under the MoU, the US firm will provide locomotives, construct railway lines and operate same in the oil producing states of Rivers, Ondo, Edo, Delta, Bayelsa, Akwa Ibom, Cross River, Imo and Abia.
The MoU was signed by the Managing Director of NDDC, Dr Samuel Ogbuku, on behalf of the Commission, while Chamberlain Eke, signed on behalf of the United States Consulate, Tony Akpele, signed on behalf of AGRI.
The MoU was part of an outcome of a one-day Public Private Partnerships (PPP) Summit organised by the Commission.
Ogbuku disclosed that the MoU represents a big harvest for the NDDC from the PPP Summit, adding that work on the preliminary stages of the project, which will be a first in the history of the Commission, would start immediately.
“NDDC is determined to renavigate the process of its intervention in the Niger Delta, so that it can achieve the mandate of facilitating the rapid, even and sustainable development of the Niger Delta into a region that is economically prosperous, socially stable, ecologically regenerative and politically peaceful”, he said.
Also, a former NDDC Managing Director, Chief Timi Alaibe, expressed delight at the PPP initiative taken by the new leadership of the Commission.
“This is the first time in 15 years that I am attending an NDDC function. This is because the new board is charting a new course that is impressive.
“Far back, after the implementation of the Master Plan, we decided on an implementation plan which involved all key stakeholders. We decided that the Master Plan cannot be funded by the government alone. We needed the private sector, that is why I support holding the summit in Lagos, Nigeria’s financial capital. The concept of rewinding and rebirth is sweet to the ears”, he said.
For his part, the former Managing Director of NIMASA, Dakuku Peterside, applauded the NDDC Board and Management for striving to leave legacies in the region.
Dakuku said, “The founding fathers of the NDDC intended that the NDDC should be a catalyst for development. The PPP arrangement is a new way of getting good results.
“There must be a fusion between the private sector and the public sector. It is important to bring in the resources and expertise of the private sector.”
