The North Central Development Commission (NCDC), has explained that its proposed N140 billion budget for the 2025 fiscal year is still undergoing scrutiny by the National Assembly, and yet to be collectively approved by both chambers of the apex parliament.

This was contrary to media reports suggesting that the proposed budget may have gotten the absolute nod for the new Commission.

A statement by its Executive Director, Corporate Services, James Uloko over the weekend recalled that it was true that on 30th September 2025, the Commission’s management appeared before the Senate to defend the budget proposal and had a robust session where members of the Senate Committee on NCDC scrutinised the submission and received clarifications.

“After receiving explanations at both open and closed sessions, the Senate Committee made observations and adjustments before finally giving its approval pending concurrence of the House of Representatives before final passage.

“It is, therefore, important to clarify that while the budget proposal of 140 billion naira 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.

“The final budget approved will only be determined when the House of Representatives Committee on North Central Development Commission carries out its legislative scrutiny and concurs with the Senate, where the final figures and line distributions will be authenticated and released,” it said.