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.
Category : Search result: fiscal reforms
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.
Bank of Japan Set for Major Rate Hike to 30-Year Peak
The Bank of Japan is expected to raise interest rates to their highest level since 1995, a move that could intensify debt market volatility and impact the weak yen. Read the full analysis.
Senate Condemns Multiple Budgets, Raises FIRS Target
Nigerian Senate criticizes multiple budgets in one year, pushes FIRS revenue target to N35 trillion for 2026. Details on the N30tr shortfall and fiscal reforms.
N66.42tr Hits Federation Account in 3 Years
Nigeria's Federation Account gross inflows hit N66.42 trillion from 2023 to Oct 2025, driven by fiscal reforms. RMAFC Chairman cites economic progress despite citizens' concerns. Read full analysis.
Content Creator DonAza Rejects FG Tax Training Invitation
Popular Nigerian content creator DonAza publicly rejects a federal government invitation for tax law training, questioning the recognition compared to Reno Omokri's ambassadorial nomination. Read full details and public reactions.
FG Expands Tax Training for 50 Content Creators
The Federal Government has increased slots for its special tax law training to 50 content creators. Applicants need 10,000+ followers and must apply by December 8, 2025.
FG Selects 20 Content Creators for Tax Reforms Training
The Federal Government has unveiled 20 top content creators for a special tax reforms training. Over 8,500 nominations were received. Find out who made the list and what it means for the new tax laws.
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.
20 Creators Picked for Tax Reform Training
Tax reform boss Taiwo Oyedele unveils 20 top content creators for special training on new tax laws. The 'Influencing for Good' programme aims to boost public understanding. See the full list and details.
Top 20 Creators Picked for Tax Reform Training
Taiwo Oyedele unveils 20 top content creators for special tax reform training. They will learn new laws to educate their followers. Find out who made the list.
Govt Cuts Corporate Tax, Offers N3.4trn Relief to Businesses
The Federal Government has announced major fiscal reforms, cutting corporate income tax to 25% and offering N3.4 trillion in VAT relief to stimulate investment and support the private sector. Read more.
True Local Govt Autonomy Needs More Than Supreme Court
Nigeria's 2024 Supreme Court judgment on local government autonomy is just the start. Experts argue real change requires good governance, anti-corruption measures, and cooperative federalism to empower grassroots development. Read the full analysis.
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.
NOA to Drive Public Tax Law Education Before 2026
National Orientation Agency partners with tax committee to educate Nigerians about new Tax Act benefits starting January 2026. Learn how this affects you and combat misinformation.
CBN Won't Fund Fiscal Deficits, Says Cardoso
CBN Governor Olayemi Cardoso declares an end to fiscal deficit financing, commits to single-digit inflation. Nigeria's economy shows resilience amid reforms. Read more.
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