Abuja, Nigeria – (African Boulevard News) – The new leadership of the Niger Delta Development Commission (NDDC) is exploring innovative approaches to its task, according to Willie Etim in a recent report. One such approach is through a Public-Private Partnership (PPP) Summit aimed at driving economic development and sustainable growth in the Niger Delta region.
The summit, themed “Collaborating to Build a Sustainable Future,” was held on May 4th, 2023, and brought together stakeholders from the public and private sectors. Its goal was to create a platform for collaboration and dialogue on the development of infrastructure, agriculture, and youth empowerment in the region.
During the summit, the Managing Director of the NDDC, Dr. Samuel Adjogbe, highlighted the importance of PPP in accelerating development in the region, stating that “the NDDC is committed to partnering and collaborating with the private sector to drive development in the Niger Delta region.”
The PPP model involves a partnership between the government and private sector to finance and deliver public services and infrastructure projects, with each partner bringing their expertise and resources to the table. This approach has been used successfully in many countries to spur economic growth and development.
At the summit, various stakeholders discussed the potential for PPP projects in the Niger Delta region, with a focus on infrastructure development, agriculture, and youth empowerment. The summit showcased successful PPP projects from around the world and explored how they could be adapted for the region.
In his keynote address, the Minister of Niger Delta Affairs, Chief Godswill Akpabio, emphasized the importance of PPP for sustainable development, stating that “PPP is the way to go if we want to achieve our development goals in the Niger Delta region.”
The NDDC is working to create an enabling environment for PPP projects by streamlining regulations and processes for private sector participation in development programs. Through the PPP Summit, the NDDC is seeking to deepen collaboration with the private sector to drive sustainable economic growth and development in the region.
In conclusion, the PPP Summit organized by the NDDC is a step in the right direction towards leveraging private sector resources and expertise to drive sustainable development in the Niger Delta region. By creating a platform for collaboration and dialogue, the NDDC is working to foster a conducive environment for private sector investment and participation in key development programs. All stakeholders must continue to work together to ensure that the PPP model is effectively utilized for the benefit of the Niger Delta region and its people.