A total of 1,587 projects valued at 612.4 billion naira that are under the Niger Delta Development Commission have been terminated and abandoned in the Niger Delta region.

A report from the NDDC, specifically showed that 1,262 projects in the region valued at 407.75 billion naira had been terminated, while 325 projects with a combined worth of 204.64 billion naira had been stalled or abandoned.

The report indicated that the percentages of the total contract values of the terminated and stalled/abandoned projects were 7.4 percent and 1.9 percent respectively.

In the July 2023 report titled, ‘A sea of opportunities in the Niger Delta region’, put together by the NDDC-PPP Committee, the scorecard of the NDDC was revealed.

The report gave a breakdown of projects in the region that had been completed, ongoing, not yet started, stalled/abandoned, terminated and taken over by other agencies.

It stated that a total of 7,140 NDDC projects, valued at 1.66 trillion naira, representing 41.9 percent of the total contract value in the region had been completed in the Niger Delta.

The number of ongoing projects, according to the report, is 3,251, with a total worth of 1.5 trillion naira, representing 19.1 percent of the total contract value of projects being handled by the commission.

The report stated that 5,035 projects valued at 1.45 trillion naira, representing 29.5 percent of the total contract value, had not yet been implemented.

It said the number of projects that had been taken over by other agencies was 32, with a worth of 21.55 billion naira, representing 0.2 percent of the total contract value.