FG to stop budgetary funding of professional bodies

The implementation will take effect from December 31, 2026.

This was disclosed in a circular released by the Director General of the Budget Office, Ben Akabueze, dated June 26, 2023 and addressed to the Nigerian Council of Food Science & Technology Fed. Min. of Science, Technology & Innovation, claiming that the Presidency had resolved to stop making budgetary provisions.

The statement reads: “I wish to inform you that the Presidential Committee on Salaries (PCS) at its 13th meeting approved the discontinuation of budgetary allocation to Professional Bodies/Councils effective 2026.

“The purpose of this letter, therefore, is to inform you that, in Compliance with PCS’s directive, this Office will no longer make budgetary provisions to your Institution with effect from the above-stated date, and you will be regarded as a self-funded organization.

“For the avoidance of doubt, you will be required, effective 31st December 2026, to be fully responsible for your personnel, overhead and capital expenditures.”

This decision may be related to Nigeria’s massive debt burden and the need for the government to reduce the cost of governance.

Peoplesmind