NCDC Promises Transparent, Equitable Use of 2025 Budget

Gloria Essien

0
1977

The North Central Development Commission, NCDC, has assured stakeholders and the general public that its proposed 2025 budget will be utilised transparently and equitably to address the development needs of the region.

In a statement, the Commission described its N140 billion 2025 budget submission as a working document still under legislative scrutiny, noting that final figures will be determined after concurrence between the Senate and the House of Representatives

The Executive Director of Corporate Services, Mr. James Uloko, said the Commission had already defended the proposal before the Senate Committee on NCDC, where observations and adjustments were made during both open and closed sessions.

“It is important to clarify that while the budget proposal of N140 billion was not altered, the allocation of figures cited in media reports do not take into consideration the adjustments made, which will be reflected in the final document,”Uloko stated .

He stressed that the final budget would be authenticated only after the House of Representatives Committee on NCDC carries out its scrutiny and concurs with the Senate.

Uloko further gave the assurance that the Commission would abide by financial regulations while prioritising transparency, accountability, and inclusivity in implementing its mandate across North Central states and the FCT.

“We 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,” he said.

Uloko added that NCDC would conduct thorough needs assessments and engage stakeholders in strategic consultations to ensure equity in the distribution of projects and resources.

PIAK

LEAVE A REPLY

Please enter your comment!
Please enter your name here