Tag: 2026 budget

Tinubu set to amend PIA after sweeping oil revenue order

Business Damilola Bayonle -
President Bola Ahmed Tinubu is set to initiate fresh amendments to the Petroleum Industry Act (PIA) following his recent...

Reps move to sack Agency DG, drop 2026 budget after snub at National Assembly

Business Damilola Bayonle -
Reps step down agency’s 2026 budget review amid oversight standoff The House of Representatives Committee on Science and Engineering has...

FG lift NALDA allocation to ₦25bn in 2026 budget

Business Damilola Bayonle -
The Federal Government has significantly increased funding for the National Agricultural Land Development Authority (NALDA) in the 2026 Appropriation...

Nigeria’s 2026 poverty budget a drop in the ocean: FG’s meager allocation sparks outrage

Business Damilola Bayonle -
Nigeria’s deepening poverty crisis has once again come under scrutiny following fresh details from the 2026 Appropriation Bill, which...

FG allocates N7.46bn to boost aviation safety, technology in 2026

Business Damilola Bayonle -
Nigeria’s aviation sector is set for a significant boost in 2026 as the Federal Ministry of Aviation and Aerospace...

Nigeria’s 2026 budget: 11 MDAs get over N1tn as spending pressures deepen

Business Damilola Bayonle -
At least 11 federal ministries and agencies are line up for a N1tn+ windfall in the 2026 Appropriation Bill,...

Spending rules ignored? 2026 budget new projects hit ₦3.5tn amid FG capital freeze

Business Damilola Bayonle -
Despite a firm directive by the Federal Government to halt the introduction of fresh capital projects, fresh analysis of...

Oyo state N892bn 2026 appropriation: Makinde signs landmark budget to transform lives

Business Damilola Bayonle -
Ibadan – Oyo State Governor, Seyi Makinde, is set to sign the 2026 Appropriation Bill of N892bn into law...

2026 Budget Approved: Tinubu pushes historic ₦58.47tn spending plan amid high stakes

Business Damilola Bayonle -
The Federal Executive Council (FEC) has approved a total expenditure of ₦58.47 trillion for the 2026 fiscal year, marking...

2026 Budget: Tinubu convenes emergency FEC meeting as high-stakes fiscal decisions loom

News Damilola Bayonle -
President Bola Ahmed Tinubu on Thursday presided over an emergency meeting of the Federal Executive Council (FEC) at the...

Senate confirms CBN exchange rate 2026, revises oil price

Business Damilola Bayonle -
The Nigerian Senate has officially approved the CBN exchange rate 2026 projection as part of the 2026–2028 Medium Term...

Senate passes 2026–2028 MTEF, clears way for Tinubu’s ₦54.4tn budget

Business Damilola Bayonle -
The Senate on Tuesday approved the 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), formally opening the...