Environment Minister, Mrs. Amina Mohammed has said that the $1billion budget for the recently launched Ogoni clean up will not be enough for the exercise.
She said in Abuja that support for the exercise was being expected from other donors.
“We hope that we will have funds manager to take care of the money, because $1 billion is not going to be enough. When we get the $1 billion, we need to start the job. But we also need to use that to leverage on the funding from the budget, from other donors and from other opportunities around”
She said that the Shell Petroleum Development Company of Nigeria Limited (SPDC) has commitment to provide the $1billion.
“So, it is with SPDC. What we have done now is to set up governance structures, so that we first of all agree on the kinds of programme that will take place. And there is a Board of Trustees (BoT) that will make sure that the resources for Ogoniland are used for the recommendations the UNEP report had done openly and transparently”.
“The structure of the council also includes key stakeholders, Ministry of Niger Delta Affairs and the Niger Delta Development Commission (NDDC), among others. These are key stakeholders in the Niger Delta that are already investing and spending money. So, we want better coordination and coherence, and not duplicating but actually adding value to one another’s investments”.
Originally posted 2016-06-14 03:05:57.