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Tag: Budget

Breaking News

N210bn duplicate allocations: Atiku demands NASS probe of 2026 budget

Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar, has called on the National Assembly (NASS) to launch an immediate forensic review of the 2026 Appropriation Act following reports of more than ₦210 billion in duplicated and overlapping budget allocations. In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, […]

Breaking News

FG Denies Spending ₦8tn Outside Budget, Says IMF Report Misrepresented

The Federal Government has denied claims that it spent more than ₦8 trillion outside the approved 2025 budget, describing the allegation as false and based on a misrepresentation of the International Monetary Fund’s 2026 Article IV Consultation Report. The government said reports alleging that about two per cent of Nigeria’s Gross Domestic Product (GDP) was […]

Economy

UPDATED:Tinubu signs ₦68.32trn 2026 budget, extends 2025 spending deadline

President Bola Tinubu has signed the 2026 Appropriation Bill into law, authorising an aggregate expenditure of ₦68.32 trillion for the current fiscal year. He also signed a separate bill extending the implementation period of the 2025 budget from March 31 to June 30, 2026. The budget allocates ₦4.799 trillion for statutory transfers and ₦15.8 trillion […]

Breaking News

FG budgets N135bn for 2027 election lawsuits

The Federal Government has proposed N135.22bn in the 2026 budget for what it described as “Electoral Adjudication and Post Election Provision,” pointing to a fresh multi-billion-naira commitment to managing disputes and obligations that typically trail Nigeria’s elections. The provision was contained in the House of Representatives Order Paper for March 31, 2026, which carried the […]

Economy

FG Raises 2026 Borrowing Plan By ₦11.31trn To ₦29.20trn

The Federal Government has increased its planned borrowing for 2026 by N11.31 trillion to N29.20 trillion, from an earlier projection of N17.89 trillion contained in the 2026 Abridged Budget Call Circular issued in December 2025. The hike is contained in the 2026 Appropriation Bill, approved by the National Assembly, and detailed in the House of […]

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