News
FG announces halt to funding professional bodies & councils
The Budget Office of the Federation has announced that budgetary allocations will no longer be made for professional bodies & councils with effect from January 2024
According to the budget office memo dated June 26 2023 to the Nigerian Council of Food Science & Technology, the Presidential Committee on Salaries (PCS) approved the “discontinuation of budgetary allocation” to “professional bodies & councils”
The trending memo was signed by the Director General in the Budget Office of the Federation Ministry of National Planning.
ALSO READ: China remains Nigeria’s largest creditor
According to him, the discontinuation of budgetary allocation was the outcome of the 13th meeting of Presidential Committee on Salaries which approved the new policy
“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 & you will be regarded as a self-funded organisation.
-
Latest4 days agoUS Immigration fees rise from October 16 as USCIS announces new charges
-
Football1 week agoHow David Beckham made $51.1m from 2026 World Cup, surpassing winners’ prize
-
Comments and Issues1 week agoFani-Kayode on Atiku: Separating claims from the record
-
Health7 days agoCOVID-19 Hospital care under scrutiny as US Senate hears patient, family testimonies
-
Business6 days agoOpenAI shelves GPT-6.1 astra release over safety concerns
-
Business3 days agoNigeria’s $55bn reserves raise fresh questions over naira value
-
Latest7 days agoADC’s 2027 Strategy: Who are the key players and what are their roles?
-
Latest1 week agoEl-Rufai continued detention revives debate over opposition, detention, political power