NEC secretariat receives N7.9bn as agencies lament poor funding
The Secretariat of the National Economic Council has been allocated N7.895bn for its 2025 operations, despite ongoing complaints from various Ministries, Departments, and Agencies about inadequate funding. Kashim Shettima, as Chairman of the council, approved the transfer from the Stabilisation Fund. Several ministries reported that low capital releases are hindering key projects and service delivery. The situation has sparked debate over fiscal priorities as many agencies face severe funding shortfalls.
TLDR
- The Federation Accounts Allocation Committee approved N7.895bn for the NEC Secretariat in 2025, with the transfer drawn from the 0.5 per cent Stabilisation Fund Account as of December 2025.
- Kashim Shettima, Vice President and Chairman of the council, authorised the allocation for the 2025 fiscal year.
- The Federal Ministry of Health and Social Welfare said only N36m was released from the N218bn approved for capital projects in 2025.
- The Federal Ministry of Transportation reported that just about one per cent of its N256.73bn 2025 allocation was released, while the Ministry of Interior recorded zero capital releases in 2024 and 2025.
- Lawmakers and agencies raised concerns that these funding gaps undermine project execution, service delivery, and national security efforts.
