President Bola Tinubu has received the proposed 2027 United Nations (UN) budget, in what Nigeria’s Permanent Representative to the UN, Jimoh Ibrahim, described as a historic development for the country.
Ibrahim presented the seven-volume budget document to Tinubu at the State House in Abuja, describing the occasion as the first of its kind for a Nigerian president in 66 years.
Ibrahim, who chairs the UN General Assembly’s Fifth Committee responsible for administrative and budgetary matters, said the document was initially submitted to the committee by the UN Secretary-General before it was presented to the Nigerian leader.
He described Tinubu’s receipt of the proposal as a significant milestone, noting that the occasion was unusual in the history of Nigeria’s participation in the committee’s budgetary process.
According to Ibrahim, the proposed budget covers the UN’s regular operations and peacekeeping activities across different parts of the world.
He disclosed that approximately $3.4 billion had been proposed for the organisation’s regular budget, while another $8.5 billion was earmarked for peacekeeping operations.
Although the overall proposal was put at about $14 billion, the two allocations cited by Ibrahim amount to $11.9 billion. Further details would be needed to clarify the difference.
Ibrahim stressed that the document remains a proposal and has not yet received final approval. UN member states are expected to examine the figures, deliberate on the allocations and make any necessary adjustments before the budget is adopted.
He also cited a $267 million UN conference centre in Kenya as an example of the organisation’s investment in facilities within member countries.
The proposed 2027 budget will undergo further consideration through the UN’s established budgetary process before member states determine the final amount to be approved.
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