Rivers State Governor Siminalayi Fubara has signed the 2026 Appropriation Bill into law, describing the budget as a “breath of fresh air.” He signed the budget on Thursday at the Executive Council Chambers in Government House, Port Harcourt. Fubara said the budget would mark the beginning of greater development...
Budget
Independent Corrupt Practices and Other Related Offences Commission (ICPC) has faulted the Budget Office of the Federation (BOF) for lapses that led to the inclusion of the purported Presidential Foreign Intervention Promotion Council (PFIPC) in the 2026 federal budget. The commission said its investigation found that the Budget Office...
Our federal capital could as well have been a perfect setting for a series of gangster movies from Hollywood. Perfect scripts. Excellent casting. Professional rehearsals. The dry runs are already provided by the existing government bureaucracy with its rituals and pomp. The voluminous costumes of agbadas and starched kaftans...
Budget Office of the Federation has explained that it did not issue financial clearance to the Presidential Foreign Investment Promotion Council (PFIPC), saying the council failed to meet the regulatory conditions required for recruitment and expenditure. In a statement signed by its Director-General, Tanimu Yakubu, the Budget Office said...
Office of the Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu, has dismissed reports alleging that the 2026 federal budget contains a ₦1 billion provision solely for the purchase of musical instruments for churches in Bende Federal Constituency, Abia State. In a statement issued on...
All Progressives Congress (APC) has strongly rejected allegations by former Vice President and African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, that the Service-Wide Vote (SWV) in the 2026 federal budget was designed to finance President Bola Tinubu’s 2027 re-election campaign. In a statement issued on Wednesday in Abuja,...
Northern Christian Association (NCA) has called on the Federal Government to explain what it described as the wide disparity in allocations for church and mosque projects in the 2026 Appropriation Bill, saying the development raises concerns over equity and equal treatment of citizens. The association said reports showing that...
Federal Government has dismissed claims that it is operating a ₦8.83 trillion “shadow budget,” insisting that all public expenditures are made within the framework of the law and are subject to constitutional oversight. The government’s response follows allegations by former Vice President Atiku Abubakar, who cited an International Monetary...
Former Vice President of Nigeria and Presidential candidate of the African Democratic Congress (ADC), Atiku Abubakar has advised President Bola Tinubu to lead by example by holding his own appointees accountable for their actions. Reacting to the N400 million bribery allegations against Tinubu’s Chief of Staff, Hon. Femi Gbajabiamila...
Borno State Government has dismissed reports alleging that it spent ₦4 billion on rail construction projects in Maiduguri Metropolitan Council (MMC) and Jere Local Government Area, describing the claims as misleading and based on an administrative error. In a statement issued on Monday by the Commissioner for Information and...
President Bola Ahmed Tinubu has assented to the 2026 Appropriation Bill, which provides for an aggregate expenditure of ₦68.32 trillion. He has also signed the bill extending the implementation period for the 2025 budget from March 31, 2026, to June 30, 2026. Presidential spokesman, Bayo Onanuga, confirmed this in a...
There are moments in the life of a people when something unusual appears on the horizon. Not the familiar politician whose promises arrive with great fanfare and depart with suspicious speed, but something steadier. Something that does not merely announce itself but offers direction. It seems the people of...
Federal Government has directed all Ministries, Departments, and Agencies (MDAs) to strictly comply with the provisions of the Medium-Term Expenditure Framework (MTEF), underscoring that adherence to the framework is critical to strengthening the credibility and transparency of Nigeria’s budget process. The Secretary to the Government of the Federation, Sen....
Federal Government has defended Executive Order 9 (EO9), insisting that the directive is rooted in constitutional provisions and does not amount to executive overreach. In a statement issued on February 23, 2026, the Director-General of the Budget Office of the Federation, Tanimu Yakubu, said claims that the order allows...
The second conference of the National Economic Council, convened on 9 and 10 February 2026, was not another calendar obligation dressed up as policy theatre. It was a working session of a federation intent on maturing. For the Federal Ministry of Budget and Economic Planning, constitutionally mandated as secretariat...
Senate has set March 17, 2026, as the tentative date for the final consideration and passage of the ₦58.472 trillion 2026 budget. The timeline was disclosed by the Senate Committee on Appropriations after a special session held on Friday, during which February 2 to 13, 2026, was approved for...
Borno State acting Governor, Umar Kadafur, has signed the 2026 Appropriation Bill into law, marking a historic milestone as the first time an acting governor has assented to a state budget in Borno’s history. The signing ceremony, which took place on Tuesday, 27 January 2026, also featured another major...
Budget Office of the Federation (BOF) has firmly defended the repeal and re-enactment of the 2024 and 2025 Appropriation Acts, describing recent claims of constitutional breach, fiscal illegality and lack of transparency as misplaced. In a detailed clarification issued by the Director-General of the Budget Office, Tanimu Yakubu, the...
Kaduna State Government has clarified that the 2026 Appropriation Act will be fully financed without contracting any new loans, insisting that Governor Uba Sani has not borrowed a kobo since assuming office. The Commissioner for Planning and Budget, Hon. Mukhtar Ahmed Monrovia, made the clarification in a statement issued...
Niger Delta Development Commission (NDDC) has formally presented its proposed 2025 budget of N1.74 trillion to the House of Representatives, seeking legislative consideration and approval. The Managing Director of the commission, Mr. Samuel Ogbuku, submitted the budget to the House Committee on NDDC during a session in Abuja, describing...