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 $60. Get the full details on the MTEF/FSP projections and budget implications.
Category : Search result: Senate MTEF 20262028
Nigeria's Debt, Salaries Exceed Revenue in 2025
Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.
Senate Approves CBN 2026 Exchange Rate, Cuts Oil Price
Nigeria's Senate has approved the CBN's exchange rate projection of N1,512/$ for 2026 and reduced the oil price benchmark to $60 per barrel. Get the full details on the 2026-2028 MTEF framework.
Tax Reforms, Revenue Crisis Threaten Nigeria's 2026 Fiscal Plan
President Tinubu's N43.56tr spending plan and 2026 budget face hurdles amid legislative disagreements over oil benchmarks and mounting opposition to new tax reforms. Will Nigeria miss another budget?
Senate rejects motion to probe FCT administration
The Nigerian Senate has declined to debate a motion seeking an investigation into alleged land grabbing, demolitions, and other issues in Abuja, ruling it procedurally defective. Read the full details and reactions.
Senate Passes N54.46 Trillion MTEF, Natasha Questions FG
The Nigerian Senate has approved the 2026-2028 MTEF with a N54.46 trillion spending plan. Senator Natasha Akpoti-Uduaghan challenged the FG's vague plan to 'mop up' funds for the private sector. Read the full details.
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.
Senate Approves Three New Ambassadors for Nigeria
The Nigerian Senate has approved three ambassadorial nominees, including former intelligence chiefs. Learn about their backgrounds and the Senate's unanimous endorsement.
Senate Orders Probe into False Akpabio Health Claims
The Nigerian Senate has directed the NSA to investigate the source of false online reports claiming Senate President Akpabio collapsed. Read the full story on the probe into this destabilising misinformation.
Senate Orders NSA to Probe Fake Akpabio Health Report
The Nigerian Senate has mandated NSA Nuhu Ribadu to investigate fake news about Senate President Godswill Akpabio's health. Get the full details and public reaction here.
MTEF 2026-2028 Signals Fiscal Realism, CPPE Says
The CPPE hails Nigeria's new MTEF-FSP for budget credibility but experts warn late approval undermines scrutiny. Key figures: $64.85 oil benchmark, N1,512/$ exchange rate. Read the full analysis.
Senate Screens Tinubu's Ambassadorial Nominees
The Nigerian Senate has screened three ambassadorial nominees forwarded by President Bola Tinubu. Read the latest on the confirmation process and the profiles of the nominees.
FG Sets 2026 Budget Exchange Rate at N1,512/$1
The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.
MTEF Approved, 2026 Budget Process Begins
The Federal Executive Council has approved the Medium-Term Expenditure Framework, setting the stage for the 2026 budget. Ministers Bagudu and Edun detail plans to manage capital rollovers and address the revenue-expenditure gap.
Senate Rejects 'Bow and Go' for General Musa
The Nigerian Senate descended into chaos as senators clashed over granting parliamentary courtesy to ministerial nominee General Christopher Musa. Read the full details of the dramatic screening.
Senate Rejects 'Bow and Go' for Defence Minister Nominee
A rowdy session erupted in the Nigerian Senate as lawmakers clashed over whether to grant General Christopher Musa a 'bow and go' during his confirmation hearing. Read the full details of the dramatic event.
Police Orderly Defies Tinubu's VIP Directive, Exposed
A former Kano governorship candidate calls out a police officer still serving the Deputy Senate President despite President Tinubu's order to withdraw all VIP orderlies. Read the full story.
Senate Confirms Gen. Christopher Musa as Defence Minister
The Nigerian Senate has confirmed former Chief of Defence Staff, General Christopher Musa, as the Minister of Defence following a rigorous five-hour screening session. Get the full details on this key security appointment.
Senate Proposes Single Nationwide Emergency Number
Nigeria's Senate considers a bill to establish a single toll-free emergency number, '112', to replace the current confusing system. The move aims to leverage high mobile penetration for faster response. Read more.
Senate Screens Ex-Defence Chief Musa as Minister
The Nigerian Senate screens retired General Christopher Musa for Defence Minister today. This urgent move aims to bolster national security efforts against bandits and terrorists. Read the full story.
Senate Plenary Halts as Akpabio, Goje Clash
A heated confrontation between Senate President Godswill Akpabio and Senator Danjuma Goje disrupted plenary. Goje cited Senate rules, calling Akpabio's actions 'unparliamentary'. Nigerians react online.
Goje-Akpabio Clash Halts Senate Plenary
A rowdy session erupted in the Nigerian Senate after Senator Danjuma Goje accused Senate President Godswill Akpabio of unparliamentary conduct, stalling proceedings for over 30 minutes. Read the full details of the confrontation.
Senate Passes Bill for National Emergency Reporting System
Nigeria's Senate passes the NETS Bill 2025 for a unified emergency number. Major committee reshuffles also announced to bolster national security oversight. Read the full details.
Senate Debates Single National Emergency Number Bill
The Nigerian Senate is considering a bill to create a single, toll-free emergency number. This unified system aims to replace scattered helplines, improving response times for police, fire, and medical services nationwide.
Tinubu Nominates Ex-CDS Christopher Musa as Defence Minister
President Tinubu nominates former Chief of Defence Staff, General Christopher Musa, as Nigeria's new Minister of Defence. Discover his background and career highlights.
PAACA Backs Yakubu's Ambassador Nomination
PAACA supports President Tinubu's nomination of ex-INEC chair Prof. Mahmood Yakubu as ambassador, citing his competence and service record. The group urges Senate confirmation.
Tinubu Picks Sacked General Musa as Defence Minister
President Bola Tinubu nominates former CDS General Christopher Musa as Defence Minister, weeks after sacking him in a military shakeup. Senate confirmation pending.
Tinubu Picks Gen. Musa as New Defence Minister
President Tinubu seeks Senate approval for General Christopher Musa as Defence Minister following Badaru's exit. The move aims to bolster Nigeria's security amid rising attacks. Read the full story.
Tinubu Nominates Ex-CDS Musa as Defence Minister
President Bola Tinubu has nominated former Chief of Defence Staff General Christopher Musa as the new Minister of Defence. Read the full details and implications of this key security appointment.
Tinubu to Appoint New Defence Minister This Week
President Bola Tinubu is set to forward a new Minister of Defence nominee to the Senate this week, following Abubakar Badaru's resignation on health grounds. Get the latest reactions and analysis.
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