The Acting Managing Director of the Niger Delta Development Commission, Mrs. Ibim Semenitari, has said that the commission was owing contractors about N450 billion.
Semenitari, who spoke with newsmen in Port Harcourt on Monday, promised that the NDDC would clear the debt as soon as funds were made available to the commission by the Federal Government.
She maintained that the NDDC would not deliberately refuse to pay contractors who had completed contracted awarded to them, adding that the paucity of fund was responsible for the delay in payment.
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