CRISIS OF CSR IN NDDC
The Niger Delta Development Commission (NDDC) Act of 2000 came into
existence with much row after the then President Obasanjo declined assent as
the legislators vetoed him and passed the bill after 30 days, through s.58(2)
of the 1999 Constitution.
The purpose of the Act is Corporate Social Responsibility (CSR) with
funding for replenishment of values devastated by the activities of oil
exploration in the entire area, and the development of their human and material
resources. It was borne out of years of
agitation by victims and moral guilt on the part of governments, after many
including the Ogoni nine had paid the supreme price. The bone of contention was the reckless
neglect of the goose that laid the golden eggs versus federal governments that
earned $32.6 billion (2018) annual revenue from oil and taxes, accounting for
about 65% of the nation’s GDP.
Interpreting the purposes/causes of NDDC has become controversial as
that depends on who you ask to interpret it. Recently the detailed
interpretation has become more important than how the huge sums budgeted
annually have gone to the realisation of the lofty ideals of development of the
area. The other arm of the controversy is how evenly has the commission
distributed the resources across the area?
To find answers to these numerous issues many different parameters have
been applied i.e size of annual budget against the percentage of
implementation; Contracts awarded and
awardees; what formula for distribution of palliatives and
disbursements? All these criteria and
more could only be appreciated through the framework of accountability and
transparency of operations.
The recent forensic audit called for by the presidency perhaps was
induced by the need for accountability and transparency. The Niger Delta Minister, Senator Godswill
Akpabio fired the first shot when he dropped the acting managing director, Joy
Nunieh. The allegations and counter
allegations are not for discussion here, but it
triggered off serious eye-brows and publicity on NDDC which has operated
several years without , audit of such dimension.
CSR is a management creation. It
is human idea of preserving the economy environment and the vulnerable. The total budget of the commission since its
inception in 2000 according to the presidency sources is ‘at least N15
trillion’. What have the leaders in the
commission achieved in those years with that sum? Are they commensurate with the fund endowed
with the institution? These questions
are not only on the lips of the President and his minister, NDDC Committee
Members but also on the lips of concerned Nigerians who voted for their leaders
to better their lots.
CSR is not perfect just as its human creator. But it is a device that has become
indispensable part of modern economy, wielding power and influence across the
globe. Accountability and transparency
are critical to its survival. Therefore
the role of civil society in order to sustain it and avoid crisis is among
other things, to ensure that disbursements go to avowed causes/purposes.
Iyke Ozemena Esq
Corporate Attorney/Consultant
IKECHUKWU O. ODOEMELAM & CO
#corporateleaders
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