The Niger Delta Development Commission (NDDC) has started a new business support program. The commission will give N10 billion to help 5,000 small businesses grow and succeed.
This money will go through the Niger Delta Chamber of Commerce, Industry, Trade, Mines, and Agriculture (NDCCITMA). The goal is to help business owners in the Niger Delta region with funds, training, and better opportunities.
The announcement was made by Samuel Ogbuku, the Managing Director of NDDC, during the launch of the NDCCITMA board in Port Harcourt.
Why the N10 Billion Support is Important
Samuel Ogbuku said that the N10 billion is part of a bigger plan. NDDC plans to invest a total of N30 billion in the Enterprise Development Programme.
This program is for all kinds of small businesses, including:
Nano businesses (very small)
Micro businesses
Small-scale businesses
Ogbuku said this is just the beginning. He confirmed that:
“We are releasing N10 billion now to NDCCITMA’s bank account. This will help us start the programme right away. We have already selected 5,000 businesses that will benefit first.”
Who Will Benefit?
The NDDC has selected 5,000 Micro, Small, and Medium Enterprises (MSMEs) to start with. These businesses will:
Get financial help
Receive training and business support
Be part of a network for trade and growth
The focus is on helping local entrepreneurs in the Niger Delta region to grow their businesses and create jobs.
What Entrepreneurs Need to Know
Ogbuku also gave important advice to contractors and vendors working with NDDC. He asked them to register with NDCCITMA before July 31.
He said:
“If you register with NDCCITMA, it will help you get better chances to work with NDDC in the future.”
This means that being part of the Chamber will give businesses more visibility and trust when applying for NDDC opportunities.
What the Chamber Plans to Do
Idaere Ogan, the Chairman of NDCCITMA, also spoke at the event. He said that the Chamber will work closely with NDDC to:
Help create more jobs
Train people with useful business skills
Promote new ideas and innovation
Grow exports from the region
Support partnerships in all areas of business
The chamber wants to make the Niger Delta region a place where businesses can thrive and grow.
Conclusion
This N10 billion support from NDDC is a big step forward for entrepreneurs in the Niger Delta. It shows that the government is serious about helping small businesses grow.
With this support, thousands of people will have better tools to run their businesses, make more money, and provide jobs to others. If you are a contractor or vendor with NDDC, make sure you register with NDCCITMA before July 31 to enjoy more benefits in the future.
Stay updated by following NDDC and NDCCITMA on their official websites and social media pages.
FAQs – NDDC N10 Billion MSME Support
Q1: What is the purpose of the N10 billion disbursement?
The N10 billion is meant to support 5,000 small businesses in the Niger Delta through training, funding, and growth opportunities.
Q2: Who is managing the programme?
The programme is managed by NDCCITMA, the chamber for commerce, trade, mines, and agriculture in the Niger Delta.
Q3: What is the total planned investment?
NDDC plans to invest a total of N30 billion in this Enterprise Development Scheme.
Q4: Do NDDC contractors need to register?
Yes, all contractors and vendors are advised to register with NDCCITMA before July 31, 2025.
Q5: Where can I get more information?
Visit the official websites of NDDC and NDCCITMA or follow their verified social media pages.