NDIC records 97% 2025 budget performance, proposes ₦589.89bn for 2026
Naija News • 3d ago
NDIC records 97% 2025 budget performance, proposes ₦589.89bn for 2026
…NAICOM projects revenue growth, advances recapitalisation
The Nigeria Deposit Insurance Corporation (NDIC) has recorded a 97 per cent implementation of its 2025 budget, a performance that contrasts with the low execution rates reported by several Ministries, Departments and Agencies (MDAs), particularly on capital expenditure.
Chairman of the House of Representatives Committee on Insurance and Actuarial Matters, Hon. Ahmed Jaha Babawo, made the observation during a budget defence session on Thursday, following the presentation of the Corporation’s 2025 budget performance and proposed 2026 estimates by its Managing Director/Chief Executive, Thompson Oludare Sunday.
Jaha commended the agency’s fiscal discipline and re...