US EditionTinubu to Present N54.4 Trillion 2026 Budget at National Assembly Friday
The N54.4 trillion budget includes N34.33 trillion revenue and N20.13 trillion fiscal deficit projections, supporting tax reforms and economic restructuring in 2026.
- On Friday, President Bola Tinubu will present the proposed 2026 Appropriation Bill estimated at N54.4 trillion at 2:00 p.m., the memo said only accredited personnel can enter the National Assembly Complex.
- After FEC approval on December 3, 2025, the Medium-Term Expenditure Framework and Fiscal Strategy Paper cleared the way for the Appropriation Bill following Senate debate of Senator Sani Musa's report on Tuesday.
- The Senate-approved fiscal parameters show Federal Government retained revenue of N34.33 trillion, new borrowings of N17.88 trillion, debt servicing of N15.52 trillion, and provisions for pensions, capital expenditure, statutory transfers, and the Sinking Fund.
- National Assembly staff faced tightened access and parking rules, with the House of Representatives yet to approve the budget framework as of Wednesday; Adm. Essien urged strict compliance to ensure smooth proceedings.
- Exchange-Rate assumptions underpinning the budget set projected rates at N1,512 for 2026, while crude oil production estimates remained at 1.84 million barrels per day, and real GDP growth projections reached 4.68 percent.
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Tinubu to present 2026 budget to National Assembly Friday
According to internal arrangements communicated to lawmakers and parliamentary staff, the budget presentation, scheduled for 2:00 p.m. will take place in the House of Representatives chamber at the National Assembly complex.
Tinubu writes Senate, to present 2026 budget Friday
Tinubu writes Senate, to present 2026 budget Friday The Senate has received President Bola Tinubu’s letter seeking to present the 2026 Appropriation Bill to the joint session of the National Assembly on Friday. The News Agency of Nigeria NAN reports that the letter was read by the Senate President, Godswill Akpabio, during plenary Read Also: […] The post Tinubu writes Senate, to present 2026 budget Friday appeared first on VMT News.
President Tinubu Writes Senate, Seeks Approval to Present 2026 Budget - TV360 Nigeria
President Bola Tinubu has formally written to the Senate, seeking the approval of the National Assembly to present the 2026 Appropriation Bill. The request was conveyed in a letter read by the Senate President during plenary on Thursday. In the letter, the President proposed to present the 2026 budget to a joint session of the National Assembly on Friday at 2:00 p.m. However, the proposed timing generated concerns among some lawmakers, who noted…
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