The North Central Development Commission (NCDC) has clarified media reports surrounding its 2025 budget proposal.
In a statement signed by its Executive Director,
Corporate Services, James Uloko, the Commission noted that while the budget proposal of N140 billion was not altered, the allocation of figures cited in media reports do not reflect the adjustments made, which will be reflected in the final document.
Uloko noted that the Commission, which is barely a month old, submitted a N140 billion budget proposal to the National Assembly and recently appeared before the Senate Committee to defend the proposal.
According to the NCDC, the Senate Committee made observations and adjustments to the proposal after a robust session, and the final budget will only be determined after the House of Representatives Committee on North Central Development Commission carries out its legislative scrutiny and concurs with the Senate.
“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.”
“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,” the commission stated.
