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Tag: 2026 Budget

Finance

Education tops as Zulum presents N890bn budget to Borno Assembly

Borno State Governor, Babagana Umara Zulum, on Monday presented a budget proposal of N890,331,686,000.00 for the 2026 fiscal year to the Borno State House of Assembly, with the education sector receiving the highest allocation of N135 billion. The appropriation bill is tagged the “Budget of Sustained Recovery and Growth” and places capital expenditure at over […]

FAAC funds to FG, states hit 7-year high in 2023
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FAAC, loans dominate govs’ funding plans for 2026 budget

State governments are heading into 2026 with expansive spending plans, but weak internally generated revenue is compelling many of them to depend heavily on federal transfers, borrowing, and temporary inflows to finance their budgets, according to an analysis by The PUNCH. A review of appropriation bills and approved estimates across several states indicates that only […]

Finance

2026 budget: Anambra, Enugu lead states in education funding

As governors across the country submit their 2026 appropriation bills to their respective state Houses of Assembly, an analysis by The PUNCH has revealed significant disparities in education sector funding, with Anambra, Enugu, Kano and Jigawa emerging as the leading states, while several others fall well below recommended benchmarks. So far, a total of 34 […]

Tinubu woos American investors
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Tinubu arrives NASS to present 2026 budget proposal

President Bola Tinubu has arrived at the National Assembly on Friday afternoon ahead of the presentation of the 2026 Appropriation Bill to a joint session of the Senate and House of Representatives. The President was received by top officials of the National Assembly and principal officers as lawmakers gathered for the budget presentation, a key […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
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Tinubu to present 2026 budget proposal to NASS Friday

President Bola Tinubu is expected to present the 2026 Appropriation Bill to a joint session of the National Assembly on Friday, December 19, 2025. Ahead of the presentation, a formal communication from the Presidency is expected to be read on the floor of the House of Representatives at plenary on Thursday, notifying lawmakers and staff […]

Finance

FG rolls over 70% of 2025 capital budget to 2026

The Federal Government has directed ministries, departments and agencies to carry over 70 per cent of their 2025 capital allocations into the 2026 fiscal year, as the administration prioritises completing ongoing projects amid weak revenues and rising fiscal pressures. The directive is contained in the 2026 Abridged Budget Call Circular issued by the Ministry of […]

News

Gov Mbah presents N1.62tr budget to Enugu Assembly

Governor of Enugu State, Dr. Peter Mbah, on Tuesday, presented a record N1.62 trillion 2026 budget estimates to the Enugu State House of Assembly, saying the administration was moving from laying foundation to scaling transformation across every sector. The figure represents a 66.5 per cent increase over the N971 billion revised 2025 budget. Dubbed Budget […]

News

Bauchi gov presents N878.1bn budget to assembly

Bauchi State Governor, Bala Mohammed, on Thursday, presented the 2026 Appropriation Bill estimated at N878.1bn to the State House of Assembly during a special session held at the International Conference Centre, Bauchi. Tagged “Budget of Consolidation and Sustainability,” the governor said the proposal reflects his administration’s commitment to inclusive governance, long-term planning and strategic investments […]

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Sanwo-Olu presents N4.237tr budget to Lagos Assembly

Lagos State Governor, Babajide Sanwo-Olu, on Tuesday presented a proposed budget of N4.237 trillion for the 2026 fiscal year to the state House of Assembly. The House, for its part, vowed to meticulously scrutinise the financial proposal. Security was visibly heightened within and around the Assembly complex during the event, with officers from the Police, […]

News

Katsina gov signs N897bn budget into law

Katsina State Governor, Mallam Dikko Radda, formally signed the 2026 Appropriation Bill into law on Wednesday, approving a total budget of N897,865,078,282. The signing ceremony took place at Government House, Katsina, and was attended by key state officials. The approved budget is structured with N167,725,372,458 allocated for recurrent expenditure, which constitutes 18.68% of the total, […]

Jigawa state to set up disaster management trust fund
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Jigawa gov presents N901.8bn budget, prioritises agriculture, security

Jigawa State Governor Umar Namadi officially presented the 2026 budget proposal to the state legislature. This significant event took place on Tuesday at the state House of Assembly complex, located in Dutse, the state capital. The presentation ceremony was a major gathering, attracting a wide array of prominent figures. Those in attendance included top government […]

News

Osun gov to present 2026 draft budget Wednesday

Governor Ademola Adeleke of Osun State is scheduled to present the 2026 draft budget estimates before the State House of Assembly on Wednesday. This key event was announced by the Speaker of the Assembly, Mr. Adewale Egbedun, during a plenary session held on Tuesday in Osogbo. Egbedun informed the House that the governor had forwarded […]

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