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FG to stop funding 89 professional bodies, councils from 2024 *FULL LIST

THE Federal Government of Nigeria has announced that it plans to discontinue the funding of professional bodies and councils beginning from 2024 budget.


According to the letter signed by Ben Akabuéze, Director General, Budget Office of the Federation, Ministry of Budget and National Planning, 89 professional bodies and councils are affected.


The letter, which was addressed to the Registrar, Nigerian Council of Food Science & Technology Federal Ministry of Science, Technology & Innovation, stated that the action is in line with the decisions of the Presidential Committee on Salaries (PCS).


“The purpose of this letter therefore is to inform you that, in compliance with PCS’s directive, this office will no longer make budgetary provisions to your institution with effect from the above stated date and, you will be regarded as a self-funded organization.


“For the avoidance of doubt, you will be required, effective 31st December, 2026 to be fully responsible for your personnel, overhead and capital expenditures.


“Please accept the assurance of my best regards,” the letter read.


Bellow is the list of professional bodies/associations in Nigeria


1 Institute of Chartered Accountants of Nigeria


2 Chartered Institute of Bankers of Nigeria


3 Chartered Institute of Taxation of Nigeria


4 Nigeria Institute of Estate Surveyors & Valuers


5 Association of General & Private Medical Practitioners of Nigeria


6 Association of National Accountants of Nigeria


7 Business Education Exams Council


8 Centre for Law & Development


9 Certified Pension Institute of Nigeria 10 Chartered Institute of Marketing of Nigeria


11 Chartered Insurance Institute of Nigeria


12 Chartered Institute of Personnel Management of Nigeria


13 Chartered Institute of Stockbrokers


14 Certified Institute of Cost Management


15 Medical & Dental Consultants Association of Nigeria


16 Nigeria Bar Association


17 Nigerian Institute of Management


18 Nigeria Institute of Quantity Surveyors


19 Nigerian Institute of Social and Economic Research


20 Nigerian Institute of Town Planners


21 Nigerian Medical Association


22 Nigerian Society of Engineers


23 Science Teachers Association of Nigeria


24 Strategic Management Centre


25 West African College of Physicians


26 Institute of Directors


27 Advertising Practioners Council of Nigeria


28 Outdoor Advertising Association of Nigeria


29 Manufacturers Association of Nigeria


30 The Nigerian Institute of Safety Professionals


31 Nigerian Institute of Public Relations (NIPR)


32 Pharmacist Council of Nigeria


33 West African Institute for Financial & Economic Management


34 Financial Institutions Training Centre (FITC)


35 Money Market Association of Nigeria


36 African Institute for Applied Economics


37 Nigeria Computer Society


38 Institute of Credit & Risk Managment 39 Portfolio & Debt Management Institute


40 Institute of Chartered Economists of Nigeria


41 Association of National Accountants of Nigeria


42 Institute of Registered Administrative Managers of Nigeria


43 The Institute of Certified Geographers of Nigeria


44 The Institute of Business Development


45 The Institute of Benefits and Trusts Management


46 The Institute of Pensions Management


47 Chartered Institute of Administration


48 Nigerian Institute of Professional Secretaries


49 Pipeline Professionals’ Association of Nigeria (PLAN)


50 National Teachers’ Institute


51 Nigeria Institute of Public Relations


52 Pharmaceutical Society of Nigeria


53 The Institute of Chartered Secretaries of Nigeria 54 Council for the Regulation of Engineering in Nigeria (COREN)


55 Nigerian Institute of Architects 56 Nigeria Insurers Association


57 Nigerian Institute of Building


58 Nigeria Computer Society


59 Information Technology Association of Nigeria 60 Certified Institute of Warehousing & Materials Management 61 Institute of Certified Public Accountants of Nigeria


62 Certified Pension Institute of Nigeria


63 Money Market Association of Nigeria


64 Institute of Chartered Economists of Nigeria


65 Institute of Forensic Accountants of Nigeria


66 Chartered Institute of Cost & Management Accountants of Nigeria


67 The Institute of Credit Administration of Nigeria


68 The Institute of Company & Commercial Accountants of Nigeria


69 The Institute of Registered Administrative Managers ofNigeria


70 The Chartered Institute of Purchasing & Supply


71 Institute of Industrial Security & Safety of Nigeria 72 Institute of Public Analysts of Nigeria


73 Institute of Investment Management & Research 74 Nigerian Institute of Safety Professionals (NISP) 75 Institute of Public Management (Unique)


76 Institute of Fraud Examiners


77 Nigerian Institute of Industrial Management


78 Medical & Dental Council of Nigeria


79 Association of West African Professional Economists Bodies 80 Institute of Strategic Management of Nigeria


81 Institute of Professional Recruitment Consultants, IPRC Nigeria 82 Institute of Finance & Control of Nigeria


83 The Chartered Institute of Logistics & Transport


84 Institute of Treasury Management


85 The Chartered institute of Purchasing and supply management of Nigeria


86 Chartered Institute of Commerce of Nigeria


87 Nigeria Institute of Civil Engineers


88 Institute of Data Processing Management of Nigeria


89 Society of Construction Industry Arbitrators of Nigeria

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