Reps propose 2025 budget exclusion for NECO, UI, and 21 MDAs over unaccounted funds Nexovant
The House of Representatives Public Accounts Committee has recommended the exclusion of 24 Ministries, Departments, and Agencies (MDAs), including the National Examinations Council (NECO) and the University of Ibadan (UI), from the 2025 federal budget.
The decision was reached during an extraordinary sitting in Abuja, citing the MDAs’ repeated failure to account for prior budgetary allocations and internally generated revenue.
Rep. Bamidele Salam, Chairman of the Public Accounts Committee, explained that the resolution followed persistent non-compliance by the affected MDAs.
He noted that several invitations had been sent to these agencies over the past months, yet they failed to attend hearings or submit the required financial documentation.
“The Financial Regulation empowers the National Assembly to exclude any ministry, department or agency (MDA) that fails to account for their previous appropriations.
As such, the listed MDAs should be excluded from the 2025 budget until they appear before this constitutional committee,” he stated.
Agencies facing delisting
The MDAs recommended for delisting include a mix of educational institutions, healthcare facilities, and development agencies. Among them are:
- Federal Medical Centre, Bida
- Ahmadu Bello University Teaching Hospital, Zaria
- Federal Ministry of Labour and Employment
- Nigeria Police Force
- Federal College of Education (Technical), Asaba
- Federal College of Education, Yola
- Federal Polytechnic, Ekowe
The committee emphasized that these agencies’ failure to comply with financial accountability requirements hampers transparency and effective governance.
Legislative authority
The Public Accounts Committee’s recommendation is grounded in the Financial Regulation, which grants the National Assembly the authority to withhold budgetary provisions from non-compliant MDAs.
The committee unanimously resolved that the affected MDAs would remain excluded from the 2025 budget unless they appear before the committee and provide the necessary clarifications on their financial operations.
This move highlights the House’s commitment to enforcing financial discipline and ensuring accountability across government institutions.
What you should know
The federal budget serves as a roadmap for allocating national resources, enabling the funding of essential services, developmental projects, and institutional operations.
- Each year, MDAs receive allocations based on their projected needs and contributions to national development.
- The House of Representatives has also initiated an investigation into the alleged mismanagement of N350 billion in the implementation of the Accelerating Nutrition Results in Nigeria (ANRiN) project, funded by the World Bank. The investigation follows concerns raised by Rep. Chike Okafor regarding the misapplication of the $232 million loan allocated to the program.
- Okafor criticized the project’s ineffective outcomes, despite its well-intended goals, citing worsening nutrition indicators such as increased stunting and malnutrition among children, as reported in the 2023/2024 Nigerian Demographic Health Survey.
Follow us for Breaking News and Market Intelligence.
Looking to Invest in Real Estate? Discover Nexovant Today!
Nexovant is Nigeria’s leading real estate platform, offering seamless solutions for property listings, real estate investment, and property management. Whether you’re searching for the best properties in Nigeria, seeking opportunities with our NexoVest real estate investment platform, or exploring innovative tools like Morena AI, Nexovant is your trusted partner in real estate success.
We specialize in:
Real estate investment opportunities in Nigeria.
Affordable property listings for sale and rent.
AI-powered solutions for smarter property searches.
Real estate development and management services.
Join thousands of investors and property owners today. With Nexovant, you can buy, sell, rent, or invest in some of the best real estate in Nigeria.
Explore Nexovant:
📍 Visit us: www.nexovant.com
💡 Learn more about NexoVest: Your gateway to profitable real estate investments.
🌟 Discover Morena AI: Revolutionizing property search and analytics.
Keywords:
Best real estate platform in Nigeria
Real estate investment opportunities in Nigeria
Property for sale and rent in Nigeria
Real estate development and property management
AI in real estate Nigeria
Affordable real estate investments
Top property listing websites in Nigeria
Stay ahead in the real estate market with Nexovant – the future of real estate innovation in Africa.
Source