The Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, has said the commission will contribute N30 billion counterpart funds for the success of newly formed Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA).
He said the need to create jobs and develop existing small-scale businesses in the region led to the formation of NDCCITMA.
Ogbuku spoke during NDCCITMA’s sensitisation workshop in Akure, the Ondo State capital, assuring the residents of the region that the new chamber of commerce would assist in addressing the socio-economic and political challenges facing them.
A statement by NDDC’s Director of Corporate Affairs, Seledi Thomson-Wakama, said Ogbuku was represented at the event by the Ondo State representative on the NDDC Board, Otitoju Atikase.
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He said: “When we came on board, the first thing we did was to evaluate what was on the ground and immediately came up with the idea of establishing the Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture.
“As an interventionist agency, we believe that the NDCCITMA initiative will be able to stand in the gap between NDDC and the people in the area of job creation, trades and supporting the nano, small and medium-scale enterprises to grow.”
The Secretary to the NDCCITMA board, Dr. Solomon Edebiri, explained that the initiative would not only be a rallying point for mentorship but also for bringing about positive development in the informal sector and for supporting small business groups.