By AMINA USMAN ABDULRAHMAN NIGERIA’S ₦68.32 trillion 2026 budget was presented as an instrument for national development. Yet, revelations surrounding some of its provisions have raised troubling questions about how public money is prioritised, scrutinised and protected. The discovery of ₦1.3 billion allocated to the purported Presidential Foreign Intervention Promotion Council has become one of […]
Senate Approves Expanded ₦68.32trn 2026 Budget THE Senate has approved a total expenditure of ₦68.32 trillion for the 2026 fiscal year, following the adoption of major adjustments proposed by President Bola Ahmed Tinubu. The revised budget reflects an increase of about ₦9.09 trillion from the initial fiscal framework, positioning it as one of the largest […]
By TOSAN OYAKHILOME-AKAHOMEN Senate Raises Red Flag at Budget Defence CONCERNED by what it described as persistent financial constraints, the Senate Committee on Federal Character and Intergovernmental Affairs has raised alarm over the underfunding of the Federal Character Commission (FCC) in the proposed 2026 budget. The issue came to the fore during the Commission’s 2026 […]
THE National Assembly’s Joint Committees on Army have approved the ₦1.504 trillion 2026 budget proposal for the Nigerian Army, expressing confidence in the spending plan and pledging to work toward the prompt release of appropriated funds. The approval followed a joint budget defence session in Abuja attended by the Chief of Army Staff, Lt. Gen. […]
Debt Service Overshadows Key Sectors in 2026 Budget NIGERIA’S proposed 2026 budget has triggered intense scrutiny after figures presented to the Senate Committee on Appropriations revealed that debt servicing will exceed combined spending on critical development sectors. At a budget hearing before lawmakers of the National Assembly of Nigeria, Adetilewa Adebajo, Chief Executive Officer of […]
DELTA State Commissioner for Works (Rural Roads) and Public Information, Mr. Charles Aniagwu, says the administration of Governor Sheriff Oborevwori is scaling up rural development and strengthening healthcare delivery through record budgetary provisions. Speaking on The Morning Show on ARISE News on Sunday, Aniagwu revealed that the state government has allocated N7 billion to each […]
By NJORIGE LYNUS & NINI NDUONOFIT-AKOH PRESIDENT Bola Tinubu has emphasized that Nigerians must be prepared to pay higher electricity tariffs if they want reliable and stable power, directing the Budget Office of the Federation to establish a transparent framework for sharing the cost of electricity subsidies. Speaking during a training session for Ministries, Departments, […]
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 […]