Nigeria's Medium-Term Revenue Projection More Realistic, but Debt Service Remains Worrisome

Nigeria's Medium-Term Revenue Projection More Realistic, but Debt Service Remains Worrisome

Setting aside as much as N15.9 trillion to repay debt, CPPE warned, may also leave little for socio-economic priorities like security, social programmes and investment in infrastructure.

Nigeria's medium-term revenue projection more realistic, but debt service remains worrisome

Setting aside as much as N15.9 trillion to repay debt, CPPE warned, may also leave little for socio-economic priorities like security, social programmes and investment in infrastructure. The post Nigeria’s medium-term revenue projection more realistic, but debt service remains worrisome – Report appeared first on Premium Times Nigeria.

Nigeria approves fiscal plan proposing $37.7 billion 2026 budget

By Camillus Eboh ABUJA, Dec 3 (Reuters) – Nigeria’s cabinet has signed off on a medium-term fiscal plan that projects spending of around 54.5 trillion naira ($37.71 billion) in 2026, its minister of budget and planning said on Wednesday. The plan forecasts total federal revenue at 34.33 trillion naira, leaving a 20.1 trillion naira deficit, or 3.61% of GDP, with debt service costs estimated at 15.9 trillion naira, Atiku Bagudu told reporters aft…

FG Pushes for N17.89tn New Loans to Finance 2026 Budget

The Federal Government plans to borrow N17.89tn in 2026 to fund a widening budget deficit as revenue projections fall sharply below expenditure needs, according to the 2026 budget framework obtained from the Budget Office of the Federation.Official figures in the 2026 Abridged Budget Call Circular issued by the Federal Ministry of Budget and Economic Planning show that total new borrowing will jump from N10.42tn in 2025 to N17.89tn in 2026.This …

Nigeria Approves Fiscal Plan Proposing N54.5trn 2026 Budget

By Adedapo Adesanya The Federal Executive Council (FEC) has signed off on a medium-term fiscal plan that projects spending of around N54.5 trillion in 2026, as it approved the 2026-2028 medium-term expenditure framework (MTEF), outlining Nigeria’s economic outlook, revenue targets, and spending priorities for the next three years. The Minister of Budget and National Planning, […]

Nigeria approves fiscal plan proposing $37.7bln 2026 budget

The framework assumes an exchange rate of 1,512 per dollar and GDP growth of 4.68%,