President Bola Tinubu has received the United Nations’ proposed 14-billion-dollar budget for 2027, in what Nigeria’s Permanent Representative to the UN, Jimoh Ibrahim, described as a historic first in 66 years.
Ibrahim, who chairs the UN General Assembly’s Fifth Committee responsible for administrative and budgetary matters, presented the seven-volume document to the President at the State House, Abuja, on Monday.
He said the presentation was significant because Nigeria was chairing the committee for the first time in 66 years, describing the development as an honour for the country.
According to Ibrahim, the proposed budget covers the UN’s regular operations and peacekeeping activities, with approximately 3.4 billion dollars earmarked for the regular budget and 8.5 billion dollars for peacekeeping.
He put the overall proposed budget at about 14 billion dollars, equivalent to between 36 and 40 trillion naira.
The Nigerian envoy cited a 260-million-dollar UN conference centre under construction in Kenya as an example of the scale of the organisation’s expenditure.
However, Ibrahim declined to disclose the specific benefits Nigeria might derive from the budget, explaining that negotiations with other member states were still ongoing.
He expressed satisfaction that the President had received the proposed budget, describing the occasion as a significant moment for Nigeria’s participation in the United Nations’ budgetary process.
