Tinubu Receives UN’s $14bn Proposed 2027 Budget from Jimoh Ibrahim

President Bola Tinubu received the United Nations' proposed $14 billion budget for 2027 from Nigeria's Permanent Representative, Senator Jimoh Ibrahim. The meeting occurred on Sunday at the president's official residence in Abuja. Ibrahim, who serves as Chairman of the UN General Assembly's Fifth Committee on Administrative and Budgetary Matters, handed over the seven-volume budget proposal to Tinubu following the UN Secretary-General's submission to the committee last week.

Ibrahim emphasized that this marked a historic moment, as it was the first time in 66 years that Nigeria would chair the committee responsible for the UN's budget and administration. He stated, "This is the first time in 66 years that Nigeria will chair the Budget and Administrative Committee. It is the first time, and we do not know when it will happen again in history."

Tinubu, according to Ibrahim, is the first Nigerian president in 66 years to receive the UN budget. The proposed budget consists of a regular budget of approximately $3.4 billion and a peacekeeping budget of around $8.5 billion, totaling about $14 billion. The envoy clarified that the document is still a proposal and will undergo detailed negotiations and approval by member states before implementation.

Ibrahim did not disclose Nigeria's anticipated benefits from the budget but stated that ongoing negotiations were taking place. He added, "As for Nigeria, I do not want to discuss what Nigeria will get from the budget. That would be going too far, because my colleagues and I are still discussing it."