The federal government of Nigeria has made it known that it will stop funding of professional bodies and councils starting from January 2024. This was revealed in a circular released by the Budget Office of the Federation.
The circular with reference number: DG/BDT/GEN. CORR/2016/XII/3067, was dated 26 June, 2023.
The Director General of the budget office, Ben Akabueze, said the decision was in line with the recommendation of the Presidential Committee on Salaries (PSC).
The circular reads in part, “I wish to inform you that, the Presidential Committee on Salaries (PCS), at its 13th meeting approved the discontinuation of budgetary allocation to Professional bodies and councils.”
There are at least 25 professional bodies and councils drawing funds from the federal government.