• About
  • Advertise
  • Contact
Saturday, December 2, 2023
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home National

FG Stops Budgetary Allocations To NBA, COREN, NMA, NIPR, ICAN, NIM, NTI, MDCN, MAN, Others

Vital News by Vital News
June 29, 2023
in National, News
0
FG Stops Budgetary Allocations To NBA, COREN, NMA, NIPR, ICAN, NIM, NTI, MDCN, MAN, Others
Share on FacebookShare on Twitter

 

Abuja – The Federal Government says budgetary allocations to professional bodies and councils in the country will be discontinued as from January, 2024.

The Director – General of the Budget Office of the Federation, Ben Akabueze, stated this in a letter to the affected professional bodies and councils.

Akabueze, in the letter asked the affected professional bodies and council to make adjustments early so they can continue to run their organisations seamlessly after government withdraws its financial support.

The Professional Bodies/Councils affected are institutions established for regulatory purposes.

RelatedStories

Ogun Assures Investors Of Availability Of Land As Abiodun Distributes 5,000 CofO To Beneficiaries

Kogi Youths Stage Protest, Back INEC, Ask Security To Call Ajaka, SDP To Order

Abiodun Pays Condolence Visit To Family Of Slain Director Of Finance, Promises To Take Up Their Welfare

Suleiman Replaces Baba-Ahmed As NEF’s Spokesman

They decide, maintain and regulate the ethics of practice and conduct of professionals in their profession.

Almost all the professions in Nigeria have regulatory bodies and some have been running on government’s budgetary allocation.

Among the affected professional bodies/councils are the Nigerian Bar Association (NBA),
Institute of Chartered Accountants (ICAN), Chartered Institute of Administration (CIA), Chartered Institute of Bankers of Nigeria (CIBN),
Council of Registered Builders of Nigeria (CORBON) and
Council for the Regulation of Engineering in Nigeria (COREN).

Others are Institute of Chartered Accountants (ICAN), Manufacturers Association of Nigeria (MAN),
Medical and Dental Council of Nigeria (MDCN),
Nigerian Institute of Architects (NIA),
Nigerian Institute of Management (NIM),
Nigerian Institute of Quantity Surveyors (NIQS), National Teacher’s’ Institute (NTI), Nigerian Medical Association (NMA) and
Pharmacists Council of Nigeria (PCN)

Akabueze in the letter explained that the decision to discontinue budgetary allocations to these bodies was taken in line with the recommendation of the Presidential Committee on Salaries (PCS).

The letter reads thus ; ” 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 1st January, 2024.

“The purpose of this letter, therefore, is to inform you that, in compliance with PCSs directive, this Office (Budget Office of the Federation) will no longer make budgetary provisions for your institution, which means that you will be regarded henceforth as a self-funded organization.

“For the avoidance of doubt, you will be required, effective 1st January, 2024, to be fully responsible for your personnel, overhead, and capital expenditures,” Akabueze said.
(vitalnewsngr.com)

 

 

 

Previous Post

Commonwealth Games Boxing Champion, Jerry Okorodudu Dies At 64

Next Post

Senator Smart Adeyemi Congratulates Bello, Kogi West People Over New University

Vital News

Vital News

RelatedStories

Ogun Assures Investors Of Availability Of Land As Abiodun Distributes 5,000 CofO To Beneficiaries
Environment

Ogun Assures Investors Of Availability Of Land As Abiodun Distributes 5,000 CofO To Beneficiaries

December 1, 2023
Kogi Youths Stage Protest, Back INEC, Ask Security To Call Ajaka, SDP To Order
News

Kogi Youths Stage Protest, Back INEC, Ask Security To Call Ajaka, SDP To Order

November 30, 2023
Abiodun Pays Condolence Visit To Family Of Slain Director Of Finance, Promises To Take Up Their Welfare
News

Abiodun Pays Condolence Visit To Family Of Slain Director Of Finance, Promises To Take Up Their Welfare

November 30, 2023
Suleiman Replaces Baba-Ahmed As NEF’s Spokesman
News

Suleiman Replaces Baba-Ahmed As NEF’s Spokesman

November 30, 2023
Ex-NAN Staff, Mrs Moni Alabi Dies At 61
News

Ex-NAN Staff, Mrs Moni Alabi Dies At 61

November 30, 2023
Next Post
Activist Commends Sen. Smart Adeyemi For Insisting On Justice, Equity, Fairness

Senator Smart Adeyemi Congratulates Bello, Kogi West People Over New University

Cashless Policy Or Not, My Election Victory Was Sure, Tinubu Says During Visit To Awujale, Alake, Akarigbo

Cashless Policy Or Not, My Election Victory Was Sure, Tinubu Says During Visit To Awujale, Alake, Akarigbo

Colour, Class At Ilorin Durbar

Colour, Class At Ilorin Durbar

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Abiodun Approves Appointment Of Chief Press Secretary

Abiodun Approves Appointment Of Chief Press Secretary

4 months ago

Documents reveal how FG paid N4. 194 trillion as fuel subsidy from January 2017 to June 2022

1 year ago
Yuletide : FRSC Sets Up Traffic Control Camps On Lokoja -Abuja, Other Major Roads In Kogi

324 Die, 1,706 Injured In 458 Road Crashes In Kogi

11 months ago
Lagos Charges Young Entrepreneurs On Commitment

Lagos Suspends Airlifting Of Christian Pilgrims To Jerusalem Over Israel/Palestinian Crisis

2 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja Africa APC arrest Atiku attack Bandits Bello Buhari CBN cement church Court Dangote death drugs EFCC Election elections FG FRSC guber gunmen Hajj INEC kidnap Kill Kogi Lagos NDLEA Niger Nigeria Ogun Oil PDP Police road Security Senate Tinubu train tribunal troops youths
No Result
View All Result

Highlights

Ogun Assures Investors Of Availability Of Land As Abiodun Distributes 5,000 CofO To Beneficiaries

Kogi Youths Stage Protest, Back INEC, Ask Security To Call Ajaka, SDP To Order

Education, Health Take Lion Share As Abiodun Presents N703bln 2024 Ogun Budget Estimate To Assembly

Abiodun Pays Condolence Visit To Family Of Slain Director Of Finance, Promises To Take Up Their Welfare

Police Give 24-hr Ultimatum To SDP Spokesman, Farouk Adejoh To Substantiate Allegation Against Kogi CP

Suleiman Replaces Baba-Ahmed As NEF’s Spokesman

Trending

Transport

Tragedy As Three Oyo Traditional Rulers Die In Motor Crash

by Vital News
December 2, 2023
0

Three traditional rulers from Orire Local Government area of Oyo State on Friday lost their lives in...

Guber Poll – APC Candidate, Ododo Meets Kogi Indigenes In Kano, Promises Even Development

Attack On Residence Of Kogi INEC REC : APC Calls For Arrest Of SDP Guber Candidate, Ajaka

December 1, 2023
Bandits Shot Dead 3 Policemen At Zamfara Checkpoint

Attack On Kogi INEC REC Residence : Police Recover Sienna Bus Used By Gunmen, Launch Manhunt

December 1, 2023
Ogun Assures Investors Of Availability Of Land As Abiodun Distributes 5,000 CofO To Beneficiaries

Ogun Assures Investors Of Availability Of Land As Abiodun Distributes 5,000 CofO To Beneficiaries

December 1, 2023
Kogi Youths Stage Protest, Back INEC, Ask Security To Call Ajaka, SDP To Order

Kogi Youths Stage Protest, Back INEC, Ask Security To Call Ajaka, SDP To Order

November 30, 2023
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Tragedy As Three Oyo Traditional Rulers Die In Motor Crash December 2, 2023
  • Attack On Residence Of Kogi INEC REC : APC Calls For Arrest Of SDP Guber Candidate, Ajaka December 1, 2023
  • Attack On Kogi INEC REC Residence : Police Recover Sienna Bus Used By Gunmen, Launch Manhunt December 1, 2023

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In