Semenitari: Access to Credit Critical to Niger Delta Development

Ernest Chinwo in Port Harcourt

The Niger Delta Development Commission (NDDC) has emphasised the critical role of financial institutions in creating wealth and facilitating the rapid development of the Niger Delta region.

The NDDC Acting Managing Director, Mrs. Ibim Semenitari, said this during a courtesy visit by senior officials of Ecobank Nigeria Ltd. to the Commission’s headquarters in Port Harcourt. She said that the NDDC was always ready to partner with institutions that would add value to the people of the Niger Delta.

Semenitari underscored the need for peace and security in the Gulf of Guinea, especially in Nigeria’s delta region, adding that it was the collective responsibility of all stakeholders to work for peace and security in the region.

According to her, one of the biggest problems of insecurity stems from the fact that there was pervasive poverty in the land, compounded by delays with infrastructure delivery because of insufficient funds.

According to the NDDC boss, “It is always a pleasure to find people that add value to the Commission.”

She thanked the Ecobank for working with NDDC contractors to deliver service to the people of the Niger Delta, noting that one of the biggest challenges that contractors in the region faced was lack of access to credit.

Further details later