The Federal Executive Council (FEC) has approved the 2026 budget, clearing the way for its presentation to a joint session of the National Assembly. The announcement was made in a brief statement on Friday, December 19, by the President’s Special Assistant on Social Media, Dada Olusegun. “The Federal Executive Council has approved the 2026 Budget …
The Senate on Thursday received the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper from President Bola Tinubu, setting in motion the legislative review of the 3-year fiscal framework. The President's letter was read during plenary by the Senate deputy president, Barau Jibrin (APC, Kano North), who urged lawmakers to expedite consideration of the …
The Centre for the Promotion of Private Enterprise (CPPE) has warned that debt sustainability projected at 46 per cent of revenue for the 2026 fiscal year remains a critical concern. The centre raised the alarm in a statement on Sunday, December 7, signed by its Director/Chief Executive Officer, Muda Yusuf. The Centre highlighted key issues …
The Federal Executive Council (FEC) has approved the 2026–2028 Medium-Term Expenditure Framework (MTEF) with a ₦34.33 trillion revenue target. The council approved the MTEF during its meeting on Wednesday, December 3, at the State House, Abuja, presided over by President Bola Tinubu. The Minister of Budget and Economic Planning, Atiku Bagudu, made this known to journalists. He …
