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The Federal Government will effective December 31, 2026, stop funding professional bodies in Nigeria.
TheNewsGuru.com, (TNG) reports this was contained in a circular dated June 26th and signed by the Director General of the Budget Office, Ben Akabueze.
In the circular, it was expressly stated that the letter is simply to inform professional bodies that funding will no longer be captured in subsequent budgets for them.
The letter partly read: “I wish to inform you that, the Presidential Committee on Salaries, at its 13th meeting, approved the discontinuation of budgetary allocation to Professional Bodies/Councils effective December 31, 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 organisation.
“For the avoidance of doubt, you will be required, effective December 31, 2026, to be fully responsible for your personnel, overhead, and capital expenditures.
“Please accept the assurance of my best regards,” the letter concluded.
See circular below: