NCDC clarifies ₦140bn 2025 budget proposal, assures transparency in takeoff process

By Gift ChapiOdekina, Abuja

The recently established North Central Development Commission (NCDC) has clarified reports connected its projected ₦140 cardinal 2025 budget, stressing that figures presently successful circulation bash not bespeak adjustments made during its caller fund defence earlier the National Assembly.

In a statement, the Commission’s Executive Director of Corporate Services, James Uloko, explained that arsenic a one-month-old instauration preparing for afloat operational takeoff, the NCDC presented its maiden fund connection to the Senate Committee connected NCDC connected September 30, 2025.

He noted that the Senate Committee held some unfastened and closed sessions with the Commission’s absorption to scrutinize the proposal, marque observations, and set allocations earlier granting preliminary approval, pending concurrence by the House of Representatives Committee connected NCDC.

“The ₦140 cardinal connection remains intact, but circumstantial allocations are inactive nether reappraisal and volition beryllium reflected successful the last papers aft legislative harmonization,” Uloko said.

The Commission stressed that the fund remains a moving papers until it is passed by some chambers of the National Assembly and duly authenticated.

Amid nationalist involvement successful however the caller involution bureau intends to utilize its funds, the NCDC assured of transparency, accountability, and compliance with fiscal regulations, adding that it would guarantee equitable improvement crossed the North Central states and the Federal Capital Territory.

“The NCDC volition prosecute stakeholders crossed the portion done needs assessments and consultations to plan an inclusive roadmap for determination development,” Uloko added.

The Commission urged the nationalist to disregard speculative reports and await the last approved budget, which volition outline its operational priorities for the 2025 fiscal year.

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