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Friday, December 1, 2023

Federal govt stops funding professional bodies, councils

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The federal government has announced the discontinuation of funding of professional bodies and councils as from 2026.

The Director General of the Budget Office, Ben Akabueze disclosed this in a circular, DG/BDT/GEN.CORR/2016/XII/3067 dated 26th June 2023 to the Nigerian Council of Food Science & Technology Fed. Min. of Science, Technology & Innovation.

Akabueze said this was in line with the decision of the Presidential Committee on Salaries, PCS.

He disclosed further that the implementation would be effected from 31st December, 2026.

“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”.

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