The House of Representatives has launched an investigation into the alleged allocation of public funds to the Presidential Foreign Investment Promotion Council (PFIPC), a body the Presidency maintains does not exist. The decision followed the adoption of a motion of urgent public importance sponsored by the lawmaker representing Plateau State, Hon. Yusuf Gagdi, who called…
The Federal Government has introduced new infrastructure projects valued at about N487.56bn into the revised 2026 budget, reflecting a stronger commitment to expanding the country’s rail and transport systems beyond earlier plans. These nine projects—mainly focused on light rail and key transport corridors—were not included in the original 2025 budget proposal submitted to the National…
The Nigerian Senate has approved a ₦68.323 trillion budget for the 2026 fiscal year, increasing the initial ₦58.47 trillion proposal submitted by President Bola Ahmed Tinubu. The upward revision of over ₦9 trillion followed a fresh request by the President to accommodate legacy commitments, particularly in transportation and healthcare, as well as additional funding for the…
The Federal Government has allocated over N13.12 billion for the purchase of arms, ammunition, and related equipment for Nigeria’s security agencies as part of the 2026 appropriation bill. Budget documents reveal that a total of N13,124,747,575 has been set aside for key security agencies to acquire weapons and protective gear. Under the proposal, the Ministry…
The Acting Governor of Borno State, Umar Kadafur, has officially signed the 2026 Appropriation Bill into law, with a total budget size of ₦892.448 billion. The assent ceremony took place on Tuesday at the Deputy Governor’s Office in Maiduguri, the state capital. Key Highlights: Speaker of the Borno State House of Assembly, Abdulkarim Lawan, reassured…
With just 16 months remaining in the 10th National Assembly’s tenure, the Senate has outlined an ambitious legislative agenda focused on crucial reforms. These include the passage of the ₦58.47 trillion 2026 Appropriation Bill, significant electoral reforms in preparation for the 2027 general elections, and the completion of the ongoing review of the 1999 Constitution….
The Federal Government has assured Nigerians that the 2026 national budget, totaling ₦58.18 trillion, is designed to consolidate the gains of President Bola Tinubu’s reform agenda. In an op-ed titled “A Defining Moment for Nigeria: Why Staying the Course Matters,” Minister of Information and National Orientation Mohammed Idris highlighted that the budget prioritizes security, infrastructure,…
Adamawa State Governor, Umaru Fintiri, has signed into law the ₦583.3 billion Appropriation Bill for the 2026 fiscal year following its passage by the State House of Assembly. The approved budget comprises ₦209.64 billion allocated to recurrent expenditure, representing 35.94 per cent of the total estimate, while ₦373.69 billion, accounting for 64.06 per cent, is…
President Bola Tinubu on Wednesday presented the 2026 Appropriation Bill to a joint session of the National Assembly, proposing a record ₦58.18 trillion national budget titled the Budget of Accelerated Economic Recovery. The proposed spending plan marks a significant increase over previous budgets and is designed to consolidate recent economic gains, stimulate inclusive growth, and…
President Bola Tinubu is set to present the ₦54 trillion 2026 Appropriation Bill to the National Assembly on Friday. The Speaker of the House of Representatives, Tajudeen Abbas, announced this during Thursday’s plenary session while reading a letter from the president notifying lawmakers of his intention to address a joint sitting of the National Assembly….
