LCCI: N15.52tr Debt Service a Huge Fiscal Burden
LCCI warns Nigeria's N15.52 trillion debt service allocation threatens economic stability. DG Chinyere Almona calls for stricter borrowing, revenue mobilisation. Read the full analysis.
Category : Search result: fiscal burden
January Tax Reforms Face Uncertainty Over Alteration Claims
Nigeria's planned January tax reforms face mounting opposition from lawmakers, labour, and civil society over allegations of unauthorised alterations. Calls grow for suspension pending investigation. Read more.
Senate Passes N58.47trn 2026 Budget, Revises 2024-25 Plans
Nigeria's National Assembly passes N58.47 trillion 2026 budget, approves revised N43.56trn and N48.31trn for 2024 and 2025, extending capital implementation to March 2026. Read the full details.
Nigeria's Oil Revenue Falls 64% Short of Target in Q1 2025
The Federal Government's Q1 2025 budget report reveals a massive N8.21 trillion shortfall in oil revenue and a N3.04 trillion fiscal deficit. Discover the key figures and causes behind this critical shortfall.
House Passes Revised N43.56tr, N48.31tr Budgets
Nigeria's House of Representatives approves revised 2024 and 2025 budgets, extending capital spending to March 2026. Key details on allocations and fiscal reforms inside.
House Passes Revised 2024, 2025 Budgets
Nigeria's House of Representatives approves revised N43.56tr 2024 and N48.31tr 2025 budgets, extending capital implementation to March 2026. Read the full breakdown of allocations and fiscal reforms.
DMO Issues Fresh Warning to States Over Borrowing Rules
The Debt Management Office urges state governments to strictly comply with borrowing laws to avoid loan approval delays. Learn the key guidelines for responsible debt management.
Presidency Denies Discrepancies in New Tax Laws
The Presidency has dismissed claims of alterations in the new tax laws signed by Tinubu. Taiwo Oyedele calls reports 'false and misleading' as controversy grows ahead of the January 2026 implementation.
ADC: 2026 Budget Built on Quicksand, More Debt
The African Democratic Congress (ADC) criticizes Tinubu's 2026 budget proposal, calling it fiscally reckless and a debt trap that mortgages Nigeria's future. Read their full analysis.
Tax Reforms Delay Will Keep 98% of Workers Overtaxed - Oyedele
Taiwo Oyedele warns that failure to implement new tax laws by January 1, 2026, will leave 98% of Nigerian workers overtaxed. He urges targeted amendments, not suspension.
Fiscal Indiscipline Fuels Nigeria's Budget Chaos
President Tinubu pushes non-performing budgets as weak parliament enables fiscal rascality. Analysis reveals alarming gaps in governance and unrealistic revenue targets. Read more.
Tinubu Cuts 2025 Budget, Presents N58.18tr 2026 Plan
President Tinubu moves to slash 2025 budget by over N6 trillion, presents N58.18 trillion 2026 estimates, and declares armed non-state actors as terrorists. Details on fiscal reforms and security measures.
Delta IGR up 90%, Hits N158bn Under Oborevwori
Governor Sheriff Oborevwori reports a 90% IGR surge to N158bn, zero borrowing for major projects, and outlines Delta's infrastructure transformation. Read the full story.
Lawmakers Must Revisit Beverage Excise Bill, Experts Warn
Analysis reveals the proposed Customs, Excise and Tariff Amendment Bill lacks Nigeria-specific evidence, risks 1.5 million jobs, and contradicts fiscal stability goals. Lawmakers urged to pause for broader consultation.
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.
Tinubu: Nigeria to end multiple budgeting by March 2026
President Bola Tinubu announces Nigeria will terminate its multiple budget practice by March 31, 2026, shifting to a single, transparent annual budget system to curb abandoned projects.
Tinubu: Nigeria to end multiple budgets by March 2026
President Bola Tinubu announces Nigeria will terminate its multiple budgeting practice by March 31, 2026, shifting to a single, revenue-driven annual budget to curb abandoned projects.
Tinubu Seeks Extension of 2025 Budget to March 2026
President Bola Tinubu requests National Assembly approval to extend the 2025 budget to March 2026, aiming for full 30% capital release to MDAs. Read the details of the fiscal reforms.
Controversy Hounds Nigeria's 2026 Tax Reform Implementation
Nigeria's ambitious tax reforms set for January 2026 face fierce opposition over alleged post-passage alterations, constitutional breaches, and public mistrust. Will the promises hold?
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.
Tinubu Presents 2026 Budget to National Assembly
President Bola Tinubu presents the N54.4 trillion 2026 budget to lawmakers. He also seeks to repeal the 2024 budget to fix overlaps. Read full details on the fiscal plans.
Tinubu Presents 2026 Budget to National Assembly Friday
President Bola Tinubu will present the 2026 Appropriation Bill to a joint session of the National Assembly on Friday, December 19, 2025. Read details on security protocols and the event's significance for Nigeria's fiscal calendar.
Tinubu Presents 2026 Budget to National Assembly Friday
President Bola Tinubu will present the 2026 Appropriation Bill to a joint session of the National Assembly this Friday. Get the full details on the schedule and security protocols for the key fiscal event.
Edun Contradicts Tinubu on 2025 Revenue Figures
Finance Minister Wale Edun reveals a N30 trillion revenue shortfall, contradicting President Tinubu's claim of meeting the 2025 target. Details on the budget deficit and borrowing plans inside.
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.
DMO to States: Comply with Fiscal Responsibility Act on Loans
The Debt Management Office has urged state governments to strictly adhere to the Fiscal Responsibility Act when borrowing. DMO DG Patience Oniha says compliance is non-negotiable for sustainable public finance. Read more.
CBN Gets Deadline to Account for N5.2tr Unremitted Funds
The House of Reps Public Accounts Committee has ordered the CBN to reconcile N5.2 trillion in unremitted operating surplus by January 19, 2026. Get the full details on the fiscal accountability probe.
Federation Account Hits N23trn in 10 Months
Revenue inflows into Nigeria's Federation Account surged to N23.06 trillion in the first ten months of 2025, driven by fiscal reforms and digital tracking. Learn about the growth and the new tax law.
Page 1 of 3