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    MarketForces Africa » MarketForces News » NDDC Begins N50,000 Monthly Payment to 10,000 Niger Delta Youths

    NDDC Begins N50,000 Monthly Payment to 10,000 Niger Delta Youths

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiFebruary 6, 2025 News No Comments2 Mins Read
    NDDC Begins N50,000 Monthly Payment to 10,000 Niger Delta Youths
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    NDDC Begins N50,000 Monthly Payment to 10,000 Niger Delta Youths

    The Niger Delta Development Commission (NDDC) has began the payment of N50,000 monthly stipends to 10,000 indigenous youths from the Niger Delta under its Youths Internship Scheme.

    Mrs Seledi-Thompson-Wakama, Director of Corporate Affairs at the NDDC, disclosed this to journalists in Port Harcourt on Thursday.

    She explained that the beneficiaries would undergo practical, hands-on training across the various organisations for 12 months to develop critical skills.

    During the inauguration of the scheme on 31 July, 2024, Senate President Godswill Akpabio announced the Federal Government’s approval of a N50,000 monthly stipend for the trainees.

    According to Thompson-Wakama, the commission has successfully completed the selection process and has begun placing trainees in organisations to gain practical experience.

    “Consequently, with the completion of these phases, the payment of the monthly stipends has also commenced,” she announced.

    She revealed that the 10,000 beneficiaries were transparently selected from over 3.2 million youths who registered for the empowerment programme.

    “This unprecedented response highlights the immense potential and aspirations of our youths to improve themselves.

    “NDDC remains steadfast in ensuring this life-changing opportunity, reaches the most deserving candidates, creating a lasting impact and paving the way for a brighter future,” she stated.

    Thompson-Wakama explained that the scheme had enabled the commission to collate essential data, including the qualifications, skills, interests, needs, and employment status of the youths in the region.

    The data, she explained, would guide the commission in designing programmes tailored to address the unique challenges faced by young people.

    She disclosed that the NDDC partnered with KPMG, a global audit and consultancy firm, to enhance the commission’s corporate governance framework.

    “KPMG has produced a Governance Advisory Report that will serve as a tool to support the commission’s transition from a transaction-based to a transformation-focussed policy,” Thompson-Wakama added.

    The director commended the youths for their patience and cooperation during the selection process for the scheme. #NDDC Begins N50,000 Monthly Payment to 10,000 Niger Delta Youths#

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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