By FIDELUS ZWANSON Aviation Allocation Draws Scrutiny NIGERIA’S proposed ₦87.3 billion aviation budget for 2026 has ignited debate among industry stakeholders and fiscal analysts over duplication of expenditure, loosely defined consultancy costs, and lingering questions about planning discipline. The aviation allocation forms part of President Bola Ahmed Tinubu’s broader 2026 Appropriation Bill, valued at over […]
FG Channels ₦26.71 Trillion into Defence as Security Challenges Deepen OVER the past 12 years, the Federal Government has allocated ₦26.71 trillion to defence and security in a sustained effort to contain Nigeria’s growing security threats. Budget analysis from 2015 to 2026 shows that defence spending has expanded dramatically amid escalating violence across the country. […]
By TOSAN OYAKHILOME-AKAHOMEN Contradictions at the Heart of the 2026 Budget THE 2026 federal budget has exposed a widening gap between policy directives and fiscal execution, as MDAs introduced new capital projects worth ₦3.50 trillion despite a formal government freeze. A December 2025 Budget Call Circular directed MDAs to roll over most of their 2025 […]
Sports & Tourism Development Contextualisation NIGERIA once offered a budgeting culture that could fuel sporting and tourism development, the very model Cross River proudly championed in its tourism-sports golden era. But today, the budget ecosystem that should power such sub-national transformation has become shallow and rushed. When former governor Donald Duke revived tourism by rebuilding […]
LCCI Warns Delayed Budget Passage Could Disrupt Fiscal Cycle Concerns Over 2026 Budget TimingTHE Lagos Chamber of Commerce and Industry (LCCI) has raised concerns that the National Assembly’s handling of the 2026 budget may disrupt the established January-to-December fiscal cycle. While the ₦58.472 trillion budget passed second reading in the […]
Fiscal Accuracy and Legislative Oversight NIGERIA’S 2026 federal budget took an unexpected turn last Tuesday, as the Senate raised the size of President Bola Ahmed Tinubu’s initial proposal, citing minor miscalculations in his presentation. Barely five days after the President had presented a ₦58.18 trillion plan to a joint session of the National Assembly, lawmakers […]
Ambitious Fiscal Expansion IMO State Governor, Hope Uzodimma, has presented a ₦1.4 trillion budget proposal for the 2026 fiscal year to the State House of Assembly, marking a sharp 78 per cent increase over the ₦807 billion budget for 2025. The governor described the proposal as “The Budget of Economic Breakthrough,” signalling an aggressive push […]
A Budget Built Around the Rural Economy BENUE State Governor, Hyacinth Alia, has proposed a ₦605.5 billion budget for 2026, signalling a renewed push to reposition rural communities as engines of growth. The estimate, presented to the Benue State House of Assembly, is 10 per cent higher than the previous year’s budget. According to the […]
A Budgeting System in Disarray NIGERIA’S national budgeting process, once regarded as the backbone of public finance and economic planning, has steadily collapsed into a cycle of disorder, serial revisions and politically expedient assumptions. What should serve as a disciplined framework for allocating scarce resources has instead become a rolling document […]
Delta’s ₦1.7 Trillion Gamble: Infrastructure, Welfare and the Test of Governance IN unveiling its ₦1.7 trillion 2026 budget, the Delta State Government has placed a bold bet on infrastructure-led growth and structured social protection at a time when many governments are scaling back ambitions due to fiscal pressures. The size and composition of the budget […]