... Always Staying on Top of The News
FIRS

North Central Development Commission clarifies budget estimates before National Assembly

The attention of the North Central Development Commission (NCDC) has been drawn to media publications over the 2025 budget estimates of the Commission presented to the Senate Committee overseeing the Commission.

As a new Commission barely one month old, the NCDC has commenced the process for its full takeoff with the submission of a N140 Billion budget proposal to the national assembly.

In a statement by James Uloko, Executive Director, Corporate Services of NCDC, it stated that on 30th September 2025, the Commission’s management appeared before the Senate to defend the budget proposal and had a robust session where members of the Senate Committee on NCDC scrutinised the submission and received clarifications.

It stressed that after receiving explanations at both open and closed sessions, the Senate Committee made observations and adjustments before finally giving its approval pending concurrence of the House Committee before final passage.

It is therefore important to clarify that while the budget proposal of N140 billion was not altered, the figures allocation cited in the media reports do not take into consideration the adjustments made which will be reflected in the final document.

The final budget approval will only be clear when the House Committee on North Central Development Commission carries out its legislative scrutiny and concurs with the Senate where the final accurate figures and line distributions will be authenticated and released.

We therefore wish to put on record that the 2025 budget proposal is a working document which is still in process and when finally passed, will operate within the life cycle of the national budget.

While the NCDC appreciates concerns for the successful takeoff and implementation of key projects that will impact the North Central region, the Commission wishes to assure that it will operate in a transparent and accountable manner and also abide by extant financial regulations of the nation.

In executing its mandate, the NCDC Management will work closely with all stakeholders across the North Central States and FCT to ensure equity, and inclusivity by conducting thorough needs assessment and strategic consultations in developing its roadmap.

Comments are closed, but trackbacks and pingbacks are open.