The federal government through the Ministry of Budget and National Planning has announced the discontinuation of funding of professional bodies and councils effective from the 2024 budget.
The Director General of the Budget Office of the Federation, Ben Akabueze in a letter dated June 26, 2023 addressed to the Registrar/CEO, Optometrist and Dispensing Opticians Board, said the decision was in line with the decisions of the Presidential Committee on salaries (PCS).
The letter reads: “I wish to inform you that, the Presidential Committee on Salaries, (PCS) at Its 13th meeting approved the discontinuation of budgetary allocation to Professional Bodies/Councils effective 1st January, 2024’
“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, which means that you will be regarded henceforth as a self-funded organiasation.
“For the avoidance of doubt, you will be required. effective from 1st January, 2024 to be fully responsible for your personnel overhead and capital expenditures.”