NCDC Clarifies N140bn Budget Proposal, Awaits Legislative Approval

The North-Central Development Commission (NCDC) has addressed caller media reports regarding its 2025 fund estimates, clarifying that the figures presently circulating were preliminary and taxable to legislative scrutiny and adjustments.

In a connection issued to journalists connected Saturday successful Abuja by the Executive Director of Corporate Services, James Uloko, the interventionist Commission emphasised that the ₦140 cardinal budgetary connection submitted to the National Assembly remainex a moving papers and was inactive undergoing the required legislative processes.

“As a caller committee hardly 1 period old, the NCDC has commenced the process for its afloat takeoff with the submission of a ₦140 cardinal fund connection to the National Assembly,” the connection read.

The Commission’s absorption appeared earlier the Senate Committee overseeing the NCDC connected September 30, 2025, to support the proposal.

During the session, the committee conducted some unfastened and closed-door reviews of the document, starring to a fig of observations and adjustments earlier giving its provisional approval.

“It is important to clarify that portion the wide fund connection of ₦140 cardinal was retained, the allocation figures cited successful immoderate media reports bash not bespeak the adjustments made during the Senate’s review. These changes volition beryllium included successful the last document,” the connection noted.

The NCDC further explained that the last fund tin lone beryllium determined aft the House of Representatives Committee connected the North-Central Development Commission conducts its ain scrutiny and concurs with the Senate version. Only aft this concurrence volition the last figures and line-item distributions beryllium authenticated and made public.

The Commission urged the nationalist and stakeholders to recognize that the 2025 fund is inactive successful process and, erstwhile passed, volition run wrong the broader model of the nationalist fund cycle.

While appreciating the public’s involvement successful the Commission’s activities, the NCDC assured Nigerians of its committedness to transparency, accountability, and compliance with each extant fiscal regulations.

“In executing its mandate, the NCDC absorption volition enactment intimately with each stakeholders crossed the North Central states and the FCT to guarantee equity and inclusivity by conducting thorough needs assessments and strategical consultations successful processing its roadmap,” the connection added.

The North-Central Development Commission was precocious established to coordinate and accelerate improvement crossed Nigeria’s North-Central geopolitical zone, addressing infrastructure deficits, societal challenges, and economic development.