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Dangote rejects NNPC bid to raise 7.25% stake

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BoA assures pensioners of plans to clear outstanding

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Nigeria seals €365m deal with Germany for devt, export

Investment

Air Peace Lagos-London flight disrupted over airspace issues

Aviation

Presidential air fleet gulps ₦4.24bn despite low budget —

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TCN to shut down power for six hours in

Electricity

Tag: 2026 Budget

Aviation featured

Presidential air fleet gulps ₦4.24bn despite low budget — Report

The Presidential Air Fleet received at least N4.24bn in disbursements between June and December 2025, the latest updates on GovSpend, a civic technology platform that tracks and analyses Federal Government spending, have revealed. Findings by The PUNCH also revealed that the disbursements, made into the Presidential Air Fleet naira transit account operated by the Presidential […]

Finance

National Assembly approves ₦2.285tn FCT 2026 budget proposal

The National Assembly on Thursday passed the 2026 Statutory Appropriation Bill for the Federal Capital Territory, approving a total expenditure of N2.285tn for the development and administration of the nation’s capital. The approval followed the presentation and consideration of the harmonised report of the Senate and House of Representatives Committees on the FCT during plenary. […]

featured Finance

Tinubu signs ₦68.32trn 2026 budget into law

President Bola Tinubu has signed the 2026 Appropriation Bill into law, authorising an aggregate expenditure of ₦68.32 trillion for the current fiscal year. He also signed a separate bill extending the implementation period of the 2025 budget from March 31 to June 30, 2026. The budget allocates ₦4.799 trillion for statutory transfers and ₦15.8 trillion […]

Finance

Women affairs minister urges Senate to boost 2026 budget

The Minister of Women Affairs and Social Development, Imaan Sulaiman-Ibrahim, has appealed to the Senate to increase the N134.2 billion proposed for the ministry in the 2026 fiscal year. The minister said an upward review would enable the ministry to implement programmes aimed at addressing the multifaceted challenges facing women across the country. Meanwhile, the […]

featured Finance

Senate rejects AGF’s 2026 budget over unpaid contractors, zero releases

The Accountant-General of the Federation, Shamseldeen Ogunjimi, faced intense scrutiny on Thursday. The Senate Committee on Finance declined to consider the 2026 budget proposal of his office. The decision stemmed from poor budget releases and mounting unpaid liabilities to contractors. The AGF heads Nigeria’s Treasury House. He is responsible for the custody, management, and disbursement […]

featured Finance

Senate fixes March 17 for ₦58.47trn 2026 budget passage

The Senate Committee on Appropriations has tentatively scheduled Tuesday, March 17, 2026, for the final consideration and passage of the N58.47 trillion 2026 Appropriation Bill. To achieve this timeline, the committee held a special session on Friday and approved February 2 to 13, 2026, for budget defence by Ministries, Departments and Agencies (MDAs) at the […]

Nigeria has best return on investments, Tinubu tells Indian investors
Finance

Reps pass Tinubu’s ₦58.18trn 2026 appropriation bill

The House of Representatives, on Thursday, approved President Bola Tinubu’s 2026 Appropriation Bill, endorsing a proposed N58.18 trillion budget anchored on macro-economic stability, enhanced security, and increased capital expenditure. The budget, christened “The Budget of Consolidation, Renewed Resilience and Shared Prosperity,” was presented to the National Assembly on December 19, 2025, and described by lawmakers […]

News

NASS resumes with priority on 2026 budget, electoral reforms, constitution

The National Assembly will today resume plenary sessions with the scrutiny of President Bola Tinubu’s ₦58.47 trillion 2026 Appropriation Bill and amendments to Nigeria’s electoral laws topping its legislative agenda. The Leader of the Senate, Senator Opeyemi Bamidele, stated that the upper and lower chambers would also expedite work on the review of the 1999 […]

Finance

2026 budget: FG allocates N198.53bn for 9,230 intervention projects

An examination of the consolidated ZIP/ZIF master project sheet for the 2026 budget cycle reveals that the Federal Government has set aside N198.53 billion for 9,230 intervention projects across the country. These projects cover social welfare, infrastructure rehabilitation, agriculture, health, education, and community development. The dataset combines projects under intervention and recovery programmes. The allocation […]

Helth

Paediatricians fault 4.3% health allocation in 2026 budget

The President of the Paediatric Association of Nigeria, Dr Ekanem Ekure, has criticised the 4.3 per cent allocation to health in the 2026 national budget, describing it as evidence of a troubling lack of investment in the well-being and future of the Nigerian child. The PUNCH reported that Dr Ekure also demanded comprehensive remediation and […]

Transportation

NRC proposes N10.1bn rail upgrade in 2026 budget

The Nigerian Railway Corporation has proposed to spend more than N10.1 billion on train acquisition and rehabilitation projects in its 2026 budget, as the Federal Government intensifies efforts to enhance rail services across the country. Details of the proposed expenditure were contained in the 2026 budget documents published on the website of the Budget Office […]

Finance

2026 budget: MDAs introduce N3.5tn projects despite rollover order

At least N3.50tn worth of new projects have been identified in the proposed 2026 budget, according to an analysis by The PUNCH. This development comes despite earlier budget preparation guidelines directing Ministries, Departments, and Agencies to roll over 70 per cent of their 2025 capital allocations into the 2026 fiscal year and to refrain from […]

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