NCDC Debunks N140b Budget Approval

…Says process awaits Reps endorsement

By Paul Effiong, Abuja

The North Central Development Commission, NCDC, has debunked media reports in some sections of the media that a total of N140b has been approved for it 2025 budget by the senate.


This was contained in a press statement signed by the Executive Director Corperate Services of the Commission, James Uloko and made available to Journalists in Abuja yesterday.


The statement read in parts: The attention of NCDC has been drawn to media publications over the 2025 budget estimates of the Commission presented to the Senate Committee overseeing the Commission”.
NCDC further explained:


“Its therefore, important to clarify that while the budget proposal of 140 billion naira was not altered, the allocation of figures cited in media reports do not take into consideration the adjustments made, which will be reflected in the final document”.


The commission equally revealed that the final budget approved will only be determined when the House of Representatives Committee on it carries out its legislative scrutiny and concurs with the Senate, where the final figures and line distributions will be authenticated and released”.


“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”.


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 public interest in and concerns for the successful takeoff and implementation of key projects that will impact the North Central region, the Commission wishes to assure its stakeholders and, indeed, the general public, that it will operate in a transparent and accountable manner and also abide by extant financial regulations of the nation”.