The Niger Delta Development Commission has said it is in talks with global consultants to establish a Memorandum of Understanding to establish its corporate governance structure.
NDDC Executive Director, Projects, Mr Charles Ogunmola, was quoted as saying this on the sidelines of the recent Oil Technology Conference in Houston Texas, USA.
“We are currently in talks with PwC, KPMG and Deloitte for one of them to come in and establish our corporate governance structure so that we will be able to operate like any other world-class organisation where everything is run with probity and guided with the best in practice rules of governance.
“This should start the journey of our corporate governance renewal and that is ongoing at the moment. We hope to establish a Memorandum of Understanding within the next 30 to 60 days.”
Going forward, Ogunmola said every project request must be business case based, adding that before now, the commission State offices used to be restricted to inspection.
He said NDDC officials would now be stationed at the Local Government level, saying a lot of the developmental project requirements from the communities must come from the communities and everyone must be involved, including youths, community leaders and local pressure groups
