Category : Search result: Medium Term Expenditure Framework


NASS Vows Strict Scrutiny of 2026 Budget Proposal

The National Assembly promises strict oversight of the 2026 budget, using lessons from 2025's challenges. Speaker Abbas calls for fiscal realism and a single budget framework. Read more.

Reps, Senate Differ on 2026 Oil Benchmark in MTEF

The House of Representatives has approved a $64.85 per barrel oil price benchmark for 2026, diverging from the Senate's $60. Get the full details on the MTEF/FSP projections and budget implications.

Nigeria's Debt, Salaries Exceed Revenue in 2025

Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.

Oyo Assembly Passes N892bn 2026 Budget

Oyo State House of Assembly approves N892 billion 2026 budget, with capital expenditure exceeding recurrent spending. Infrastructure gets top priority. Read more.

Senate Okays MTEF, Paves Way for ₦54.4tr 2026 Budget

The Nigerian Senate has approved the 2026-2028 MTEF, enabling President Tinubu to present a historic ₦54.4 trillion budget. Key fiscal parameters set the stage for the national spending plan. Read the full details.

Oborevwori Signs Delta's N1.729tr 2026 Budget

Delta State Governor Sheriff Oborevwori has signed the N1.729 trillion 2026 budget into law, a 70% increase from 2025. The budget focuses on capital projects and is tagged 'Budget of Accelerating the MORE Agenda'. Read more.

Zamfara's N861bn 2026 Budget Targets Growth

Governor Dauda Lawal presents a N861 billion budget for Zamfara's 2026 fiscal year, with 83% allocated to capital expenditure for transformation. Read the full breakdown.

Rivers LGA Unveils ARISE Plan for Development

Obio/Akpor LGA launches the OBALGA ARISE framework to enhance administration, infrastructure, and security. The plan aims to attract investment and transform the local economy. Read more.

Zamfara's N861.3bn 2026 budget presented to Assembly

Governor Dauda Lawal presents a N861.3 billion budget for 2026 to the Zamfara State House of Assembly, with 83% allocated to capital projects in security, agriculture, and infrastructure. Read the full breakdown.

National Debt Rises to N152.4 Trillion

Nigeria's public debt surges to N152.39 trillion as experts warn short-term investments threaten fiscal stability. State debts see historic decline. Read the full analysis.

Africa's First Scholarly Referencing System Unveiled

Professor Peter Okebukola unveils ASRS, Africa's first homegrown citation framework. This breakthrough promotes intellectual sovereignty and global recognition for African scholarship. Join the movement!

Single 7-Year Term Proposed for Nigerian Leaders

Professor Adewunmi Falode advocates constitutional amendment for single 7-year tenure to address Nigeria's costly election cycles and governance challenges. Join the reform conversation!

APC Women Reject Mutfwang's Alleged Defection Bid

Hundreds of Plateau APC women protest Governor Caleb Mutfwang's alleged plan to join their party, endorsing Tinubu's second term. Leader Elizabeth Samson Yerse warns against welcoming him.

SAFE AI Launch Sets New User Safety Standards

Dr. Gbemisola Adetayo's SAFE AI initiative launches groundbreaking user safety framework and manual to address cognitive over-reliance and emotional attachment to AI tools.

South-West Leaders Map Out Security Strategy

South-West governors, senators, and traditional rulers have outlined a comprehensive, tech-driven security strategy at a regional summit. Learn about the plan to safeguard the region.

Nigeria at Risk of Debt Crisis, Experts Warn

Financial experts warn Nigeria risks another debt crisis without urgent reforms. Learn about the critical measures needed to stabilize the economy and prevent financial distress.

Nigeria's N777 Billion Arms Import Bill Revealed

National Bureau of Statistics data shows Nigeria spent N776.9 billion on arms imports from 2020-2025, with 2024 recording the highest expenditure at N520 billion amid rising insecurity.

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