NEC Approves N83.2 Billion for Flood Interventions
The National Economic Council has approved N83.2 billion for proactive interventions to mitigate flooding and climate emergencies across Nigeria, following warnings of severe floods in 2026.
The National Economic Council has approved N83.2 billion for proactive interventions to mitigate flooding and climate emergencies across Nigeria, following warnings of severe floods in 2026.
The Revenue Mobilisation, Allocation and Fiscal Commission has commenced a nationwide data verification exercise to update revenue allocation information. The Federal Government also plans to launch a digital postcode system in October 2026.
Africa's potential is stifled by a biased global debt system. Reforms like a Borrowers' Forum and automatic debt pauses are urgent to redirect funds to health and education.
Nigeria's Budget Office DG explains that budget report delays are due to the 2025 budget extension to June 2026 and the repeal and re-enactment of the Appropriation Act.
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RecommendedFormer Budget Office DG Ben Akabueze reveals over 56,000 uncompleted government projects nationwide and presents a comprehensive reform framework to strengthen planning-budgeting alignment.
President Bola Ahmed Tinubu has signed the ₦68.32 trillion 2026 Appropriation Bill into law while extending the 2025 budget implementation deadline to June 30, 2026. The budget allocates significant funds to capital expenditure, debt servicing, and statut
President Bola Tinubu has enacted the N68.32 trillion 2026 budget, extending the 2025 capital expenditure deadline to June 30, 2026, to boost infrastructure and economic growth.
The House of Representatives plans a national workshop to synchronize Nigeria's federal budgeting with the National Planning and Economic Development blueprint, aiming to address imperfections and foster sustainable growth.
Ogun State government has fully cleared pension and gratuity arrears owed to workers who retired between 2012 and 2020, while announcing significant growth in state revenue and budget size.
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RecommendedGovernor Babajide Sanwo-Olu has officially signed Lagos State's ₦4.4 trillion 2026 budget into law. The 'Budget of Shared Prosperity' aims to eradicate poverty and boost infrastructure. Read the full details.
Nigeria's 2026 appropriation bill faces intense scrutiny over questionable, duplicated allocations across ministries. Budget experts warn of transparency issues and misuse of public funds. Read the full analysis.
The Federal Ministry of Works has proposed over N500 million for training hairdressers, makeup artists, and supplying grinding machines in its 2026 budget. Read the full details and analysis here.
An analysis of Nigeria's 2026 budget shows the top 10 ministries received N48.31 trillion, highlighting President Tinubu's focus on economy, security, and infrastructure. See the full breakdown.
The Federal Government commits over N240 billion to rail infrastructure in 2026, focusing on modernisation, urban lines, and new corridor studies. Read the full breakdown.
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RecommendedNigeria's 2026 budget allocates N18.9m to a defunct maritime anti-corruption task force while underfunding vital port projects. Explore the controversial spending priorities in the Marine and Blue Economy Ministry.
Nigeria's 2026 budget proposal reveals a 135% spike in presidential vehicle costs to N11.25bn and N2.5bn for stationery, clashing with digitalisation goals. Analysis shows elite comfort prioritized over fiscal prudence amid revenue uncertainty.
Economist Chiwuike Uba critiques the Budget Office's justification for repealing and re-enacting the 2024 and 2025 budgets, highlighting constitutional and transparency issues. Read the full analysis.
Nigerians react as 2026 state budget breakdown reveals Lagos's N4.24 trillion budget overshadows Ekiti's N415.57 billion. Citizens question transparency and impact on lives.
President Tinubu and VP Shettima's 2026 budget allocates N12.2bn for trips. Details reveal N7bn for Tinubu's travel, N1.7bn for Shettima, and N43bn for State House. Read the full breakdown.
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RecommendedLagos State Assembly passes a ₦4.4 trillion budget for 2026, focusing on infrastructure and economic growth. Details on allocations and fiscal projections inside.
Lagos State House of Assembly approves a ₦4.4 trillion budget for 2026, focusing on infrastructure and economic growth. Learn the key details and projections.
The Budget Office of the Federation insists the repeal and re-enactment of the 2024 and 2025 budgets is legal. DG Tanimu Yakubu addresses misconceptions. Read the full details.
President Tinubu's plan to run two federal budgets simultaneously in 2026 raises alarm over Nigeria's public finance management. Experts warn this practice deviates from global standards.
Governor Peter Mbah directs Enugu MDAs to meet a N870 billion IGR target for 2026, citing unpredictable federal allocations. The goal is part of the state's N1.62 trillion budget.
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RecommendedGovernor Umo Eno has signed the 2026 budget of N1.584 trillion for Akwa Ibom State, focusing on capital projects. He warned against excuses, urging total commitment from officials.
Budget Office DG Tanimu Yakubu Kurfi dismisses misleading fiscal calculations in critiques of Tinubunomics, clarifying revenue, borrowing, and subsidy savings. Read the full analysis.
Kaduna State clarifies it will not borrow for its 2026 N985.9bn budget, using IGR and allocations instead. Education and infrastructure get 25% each. Read details.
Governor Ahmed Aliyu's proposed ₦758.7bn 2026 budget for Sokoto State prioritizes capital expenditure and security. We analyze its alignment with the SMART Agenda and potential impact on citizens.
House Committee insists NDDC's N1.75 trillion 2025 budget must bring tangible development to Niger Delta communities. Chairman Ibori-Suenu vows rigorous oversight for accountability.
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RecommendedActionAid Nigeria warns the proposed N58.18 trillion 2026 budget threatens fiscal sustainability and neglects social sectors. Read the full analysis and urgent calls for reform.