Overview

This document presents the 2024 budget for various professional bodies and councils in Nigeria that have been removed from Federal Government funding. It lists 20 agencies with their projected gross revenue, personnel costs, overheads, capital expenditure, total expenditure, and net income or profit. The data reveals that many agencies are operating at a deficit, with expenditures exceeding revenues. Key agencies include the Advertising Regulatory Council of Nigeria, Community Health Practitioners Registration Board, Computer Registration Council of Nigeria, Council of Nigerian Mining Engineers and Geoscientist, Council for Registered Engineers of Nigeria, Dental Therapists Registration Board, Dental Technology Registration Board, Environmental Health Registration Council of Nigeria, Health Records Registration Board, Institute of Chartered Chemist of Nigeria, Institute of Forensics Science Laboratory-Oshodi, Institute of Public Analysis of Nigeria, Librarians Registration Council of Nigeria, Medical Lab Science Council, Medical Rehabilitation Therapy Board, Medical and Dental Council of Nigeria, Nigerian Institute of Soil Science (NISS), Nigerian Press Council, Nigeria Climate Change Council, and Nursing and Midwifery Council. The largest budget is from the Nursing and Midwifery Council with gross revenue of 4,612,713,359 Naira and total expenditure of 4,522,000,520 Naira, resulting in a net profit of 90,712,839 Naira. Conversely, many agencies show negative net income, indicating that they are financially unsustainable without government support. The document highlights the financial challenges faced by these professional regulatory bodies.

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