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Tag: 2026 Budget

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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 […]

Finance

2026 budget: NCCE focuses on personnel, operations

Within the education sector, the National Commission for Colleges of Education has unveiled its budget framework, which prioritises personnel costs, utilities and routine operational expenditures necessary to sustain regulatory oversight and administrative efficiency in colleges of education nationwide. The budget outline comes against the backdrop of President Bola Tinubu’s proposed N58.18 trillion National Budget for […]

Finance

State assemblies add over N1tn to 2026 budgets — Report

No fewer than 13 State Houses of Assembly across Nigeria have injected over N1tn into their respective 2026 budgets following legislative reviews and amendments to appropriation bills submitted by governors, findings by The PUNCH have shown. The figure emerged from an analysis comparing the 2026 budget proposals presented by state governors with the final appropriation […]

featured Finance

2026: Tinubu, Shettima to spend N9.36bn on travels, meals

President Bola Tinubu and Vice President Kashim Shettima are expected to spend a combined total of N9,364,349,417 on local and foreign travels, as well as food and refreshments, in the 2026 fiscal year. This information is contained in details of the 2026 Appropriation Bill released on Thursday by the Budget Office of the Federation. President […]

Finance

FG allocates N1.8tn from 2026 budget for unpaid contractors

The Federal Government has made provisions to settle outstanding debts owed to contractors for capital projects executed in 2024, earmarking N1.7tn for the purpose in the proposed 2026 Appropriation Bill. A detailed breakdown of the 2026 national budget shows that the allocation is listed under a specific line item titled Provision for 2024 Outstanding Contractor’s […]

Finance

Lagos Assembly approves ₦4.4trn 2026 budget

The Lagos State House of Assembly has approved the ₦4.4 trillion 2026 Appropriation Bill, officially tagged the Budget of Shared Prosperity, following weeks of extensive scrutiny and sector-by-sector evaluation by lawmakers. The passage of the budget reflects the conclusion of detailed legislative engagements aimed at ensuring fiscal responsibility and alignment with the developmental priorities of […]

Policy and Regulations

2026 budget will consolidate Tinubu’s reform gains — Minister

The Minister of Information and National Orientation, Alhaji Mohammed Idris, has described the 2026 budget as a carefully structured instrument aimed at consolidating the gains of President Bola Tinubu’s reform agenda, which he said is already producing positive outcomes. Idris made the remarks in a statement released in Abuja on Tuesday by his Special Assistant […]

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featured Finance

Rivers approves N1.8tn budget for 2026

The Rivers State Executive Council has approved a budget proposal of N1.8tn for the 2026 fiscal year. The approval was granted during a meeting of the State Executive Council held on Friday evening. Speaking with journalists after the meeting, the newly sworn-in Special Adviser to the Governor on Economic Matters and Social Development, Professor Peter […]

Finance

Bauchi Assembly passes N877bn 2026 budget into law

The Bauchi State House of Assembly has passed the 2026 Appropriation Bill into law, approving a total budget size of N877,052,907,900 for the coming fiscal year. The passage of the bill followed the presentation of the report of the House Committee on Appropriation during plenary on Tuesday. The session was presided over by the Speaker […]

Finance

States plan N4.3tn borrowing to fund 2026 budgets

Ten Nigerian states are planning to raise about N4.287tn from loans, bonds, grants, capital receipts and public-private partnerships to finance capital projects contained in their 2026 budgets. The states, Lagos, Abia, Ogun, Enugu, Osun, Delta, Sokoto, Edo, Bayelsa and Gombe, collectively presented budgets totalling N14.174tn to their respective Houses of Assembly. An analysis of the […]

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