Nigeria Projects 2026 Deficit of 4.28% of GDP as Tinubu Proposes ...
7 Articles
7 Articles
Tinubu Tables Nigeria’s Biggest Budget Yet at ₦58.1trn at ₦1400 FX Rate - Tech
President Bola Tinubu has laid before the National Assembly a ₦58.1 trillion spending plan for 2026, the largest budget Nigeria has ever proposed, with security, infrastructure and debt servicing taking the largest share. The proposal, presented to a joint sitting of lawmakers on Friday, sets capital spending at ₦26.08 trillion and non-debt recurrent expenditure at ₦15.25 trillion. Expected revenue is put at ₦34.33 trillion, leaving a deficit o…
2026 Budget Estimates: Tinubu Projects ₦34.33 Trillion Revenue, ₦58.18 Trillion Expenditure
By Tracy Moses President Bola Tinubu on Friday presented the 2026 Appropriation Bill to a joint sitting of the National Assembly, describing it as a “Budget of Consolidation, Renewed Resilience and Shared Prosperity.” The budget projects total revenue of ₦34,330,000,000,000 and total expenditure of ₦58,180,000,000,000, including ₦15,520,000,000,000 for debt servicing. Capital expenditure is projected at ₦26,080,000,000,000, while the budget def…
2026 budget: Tinubu proposes ₦58.18trn, boosts security, education, health
President Bola Ahmed Tinubu on Friday formally presented the 2026 Appropriation Bill to a joint session of the National Assembly, describing it as a decisive step to consolidate reforms, strengthen economic resilience and deliver tangible benefits to Nigerians. Tagged “Budget of Consolidation, Renewed Resilience and Shared Prosperity,” the proposed ₦58.18 The post 2026 budget: Tinubu proposes ₦58.18trn, boosts security, education, health appeare…
2026 Budget: Tinubu Proposes N58.18trn, Prioritises Security with N5.41trn Allocation
2026 Budget: Tinubu Proposes N58.18trn, Prioritises Security with N5.41trn Allocation Security has emerged as the top priority in President Bola Tinubu’s proposed ₦58.18 trillion 2026 budget, with ₦5.41 trillion earmarked for defence and internal security—the largest single sectoral allocation in the fiscal plan. Presenting the “Budget of Consolidation, Renewed Resilience and Shared Prosperity” to a […] The post 2026 Budget: Tinubu Proposes N58.…
Security with N5.41trn, Gets Highest Priority in 2026 Budget
The 2026 budget proposal prioritises national security, allocating N5.41 trillion to defence and security, aiming to combat insurgencies that have rendered areas ungovernable, displaced farmers, and caused food scarcity. The Security proposal in President Bola Tinubu’s N58.47 trillion budget proposal, “Budget of Consolidation, Renewed Resilience and Shared Prosperity,” is to modernise the armed forces, ensure intelligence-driven policing, streng…
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