…that the federal government is planning to move 2026 unfinished projects into the 2026 budget. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, was reported to have given a hint to that during the launch of the October 2026 edition of the World Bank’s Nigeria Development update. But we a…

…Bank earlier this year, amid government efforts to raise external financing for the 2026 budget and manage its debt obligations. Under the arrangement, the Federal Government receives dollar financing while providing naira-denominated government securities as collateral. The government drew an initial $1.5bn from the f…

…pledged as collateral for the facility.Tinubu's government borrows more as Nigeria's 2026 budget carries a N31.46trn deficit. Photo: DMOpublic debt crosses N166 trillionThe rise in external borrowing has run alongside an expansion in domestic debt.The DMO said total public debt stood at N166.79 trillion at the end of J…

…rather than the absolute amount allocated to capital projects. The Federal Government’s 2026 budget, meanwhile, stands at N68.32tn, significantly above the combined budgets of the 36 states and the FCT.

…that the N873.778 billion required for the 2027 polls is separate from the Commission’s 2026 budget proposal, in which INEC plans to spend N171 billion on its operations, including the conduct of by-elections and off-cycle elections. According to Prof. Amupitan, the projected election budget does not include a fresh pr…

…and publication of a comprehensive performance report on projects contained in the 2026 budget. The group further called for regular security reports, improved public hospitals, quarterly town-hall accountability sessions across the three senatorial districts and greater transparency in public procurement. ORF urged th…

…rehabilitation of the road, with provision already made for the project in the 2026 budget. He said the ongoing palliative work was intended to ease the hardship faced by motorists while the government awaited the commencement of comprehensive reconstruction after the rains. “A few weeks ago, I met with the leadership…

…impact on infrastructure development and long-term economic growth. An analysis of the 2026 budgets of the 36 states and the FCT shows that capital expenditure accounts for 64.34 per cent of the total budget, down from 73.24 per cent recorded in 2025. In nominal terms, states and the FCT have allocated N25.83tn to capi…

…State Government denied reports that the administration was borrowing to finance its 2026 budget. The Commissioner for Planning and Budget, Mukhtar Monrovia, said the state’s budget would be financed through statutory allocations, internally generated revenue and grants. He also explained that the loan drawdown contain…

…the lawmakers demanded comprehensive implementation reports for the 2024, 2025 and 2026 budgets, full disclosure of capital releases to ministries, departments and agencies, as well as a joint parliamentary investigation into persistent budget failures. “An Appropriation Act is law, and the Government cannot choose whi…

…the Speaker. “But the main project on site will be completed to allow us to present the 2026 budget in the Assembly’s main chambers, with dignity befitting us.” However, about a week after the governor’s declaration, the Assembly resolved to continue sitting at its residential quarters, using the auditorium for plenary…

…on October 9, 2019. He also explained how the fake agency was allocated money in the 2026 budget. "PEAC/PFIPC did not enter the 2026 Budget merely because it asked for funds. The Council had its origin in the Presidential Economic Advisory Council inaugurated during the administration of the late President Muhammadu Bu…

…Public Communication, Phrank Shaibu, in reaction to the palace projects captured in the 2026 budget. According to Atiku, the 1999 Constitution does not assign the Federal Government responsibility for constructing or renovating palaces belonging to traditional institutions, insisting that such matters fall within the j…

…the Tinubu administration over ₦8.05 billion set aside for religious projects in the 2026 budgetA breakdown by accountability group Tracka showed ₦1.91bn went to church projects and ₦6.14bn to mosque-related projectsAtiku's spokesman demanded the government name every beneficiary institution and project location or fac…

…Senator Adamu Aliero, criticised the slow implementation of the capital component of the 2026 budget. Monguno reportedly described the delay as a serious issue, while the Chairman of the committee, Senator Sani Musa, assured lawmakers that implementation of capital projects would soon improve. He added that discussions…

…of the PFIPC and is accused of orchestrating the inclusion of the agency in the 2026 budget despite its non-existence. The controversy deepened after Adeniyi reportedly claimed that he paid N100m through proxies to Gbajabiamila to facilitate the establishment of the agency. The allegation has been denied by both the Pr…

…of Nigeria’s public finances. The report also faulted key assumptions underpinning the 2026 budget, warning that ambitious revenue projections could further worsen the country’s debt burden if they are not realised. It noted that the government was expected to finance only about 53.9 per cent of the proposed expenditur…

…has. For the economy, it has been prosperous through the hike in oil prices, because the 2026 budget benchmark was around $75, and prices rose to above $120. So, the economy has benefited from the global crisis. But Nigerians, on the other hand, have suffered immensely from the government not wanting to intervene, or f…

…of waste,” he added. The post N210b duplicate allocations: Atiku demands NASS’ probe of 2026 budget appeared first on Vanguard News.

…elimination from the qualification process in November 2025, roughly a month before the 2026 budget was presented to the National Assembly. In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, the former Vice President questioned how any serious administration could earmark such…

…wage for the lowest-ranking soldier, inserting the required funding directly into the 2026 budget.President Tinubu signed the bill into law in November 2025, directing that the implementation take effect with three months of backdated arrears. Despite initial public declarations of gratitude from the Ministry of Defenc…

…(NCS), Bashir Adeniyi, announced the revised import duties while defending the service’s 2026 budget proposal before the House of Representatives Committee on Customs and Excise. Adeniyi announced a reduction in import duty on used vehicles from 15 per cent to 5 per cent, while brand-new vehicles dropped from 20 per ce…

…to see the evidence. “Two, evidence must not be withheld. Documents relating to the 2026 budget and payments should be made available to investigators. “Whistleblowers must also be afforded adequate protection: Anyone who provides information must be protected from harassment. “The National Assembly should also exercis…

…closing balances account for N48.11 billion. The post Breaking: Fubara presents N1.85trn 2026 budget appeared first on Vanguard News.

…to unravel how the "ghost" agency secured a whopping N1.3 billion allocation in the 2026 budget. Adeyemi who spoke from his hideout, during an explosive social media interview with internet personality, VeryDarkMan, stated that he is prepared to turn over vital official documents to security agencies to assist ongoing…