DAILY POST
The federal government has discontinued funding of professional bodies and councils with effect from 2026.
The Director General of the Budget Office, Ben Akabueze disclosed this in a circular, DG/BDT/GEN.CORR/2016/XII/3067 dated 26th June 2023 to the Nigerian Council of Food Science & Technology Fed. Min. of Science, Technology & Innovation.
According to Akabueze, the decision was in line with the decision of the Presidential Committee on Salaries, PCS.
He noted that the implementation would be effected from 31st December, 2026.
“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/Councils effective 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 organization.