NEDC presents N244.06bn budget proposal for 2026 fiscal year

The North-East Development Commission (NEDC) on Thursday presented a total budget proposal of N244,066,466,734 for the 2026 fiscal year, with focus on critical infrastructural development, humanitarian interventions, socio-economic recovery, and institutional strengthening across the North-East region.

The NEDC Managing Director/Chief Executive Officer, Mohammed Alkali, made the presentation in Abuja during the 2025 budget performance and 2026 budget defence held at the instance of the joint Senate and House of Representatives Committees on NEDC.

The session was chaired by the Chairman, Senate Committee on Special Duties, Senator Kaka Lawan and co-chaired by the Chairman, House Committee on NEDC, Hon. Usman Zanna.

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At the presentation, the MD/CEO also presented budget performance of the year 2025.

For 2025, he disclosed that overall budget performance stood at 100 percent of the total allocation received N131,836,332,912 and 59 percent of the total budgeted amount N290,997,982,557.

Members of the Joint Committee commended the Commission’s interventions, particularly in infrastructural development across the region, and expressed support for its leadership in delivering its statutory mandate.

The lawmakers urged the Commission to increase bursary and scholarship programmes to boost educational development, recovery framework, and roadmap for restoring socio-economic development in the North-East.