2026 BUDGET SPEECH “Budget of Consolidation, Renewed Resilience and Shared Prosperity”...
President Bola Tinubu has written to the House of Representatives requesting the repeal and re- enactment of the 2024 and 2025 budgets into a single budget. In the letter read by the Speaker, Abbas Tajudeen, the President requested that the National Assembly authorised the issuance from Consolidated Revenue fund of the Federation to the total of N43.56 trillion comprising N1.74 trillion for Statutory transfers, N8.27 trillion for debt service, N11.26 trillion for Recurrent non debt expenditure and N22.27 trillion for capital expenditure. Similarly, the President wants a repeal the 2025 Appropriation Act of N54.99 trillion and for both budgets to be consolidated into a single fiscal document. The President noted that the bills are to cater to all items not previously recognised while also reflecting a revised capital implementation target of 30 per cent . The adjustment also aligns with current fiscal realities and execution capacities while ensuring that the budget performance remains credible and transparent. The bill before the House also seeks to extend the lifespan of the 2025 budget from 31st December to March 31st 2026 to allow for full release of the target 30 per cent for all ministries, departments and agencies of government.
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Since the historic commissioning of the Dangote Petroleum Refinery in Ibeju-Lekki on 22nd May 2023, Africa’s richest man, Aliko Dangote, has found himself at the centre of a high-stakes industrial war.
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Enugu State is emerging as a case study in how national digital policy can be effectively implemented at the sub-national level, moving from ambition to execution through coordinated planning and partnerships.
December 18, 2025
Grammy-winning Afrobeats star Wizkid has given fans a glimpse into his quiet, family-centred lifestyle, admitting that he considers himself “boring” away from the spotlight....
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December 18, 2025
The National Agency for Food and Drug Administration and Control (NAFDAC) has destroyed fake, banned, substandard and unwholesome drugs and pharmaceutical products valued at over N55 billion in Ibadan, Oyo State....
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President Donald Trump has directed the suspension of the United States Diversity Visa (DV) Lottery, commonly known as the green card lottery, citing national security concerns....
December 19, 2025
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