Nigeria took a major fiscal step on Friday as President Bola Tinubu presented a ₦58.18 trillion budget proposal for 2026 to a joint session of the National Assembly, setting the tone for the next phase of his administration.
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The presentation involved the President, federal lawmakers, security agencies, and economic managers, with Tinubu using the platform to announce a tougher stance on insecurity and renewed focus on economic reforms.
LIST OF APPLICATIONS FOR REGULARISATION OF AREA COUNCIL LAND DOCUMENTS NULLIFIED/CANCELLED BY THE HONOURABLE MINISTER OF FCT
The budget was laid before parliament in Abuja shortly after 3.30pm, marking another key moment in the government’s reform drive nearly three years into the administration.
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LIST OF APPLICATIONS FOR REGULARISATION OF AREA COUNCIL LAND DOCUMENTS NULLIFIED/CANCELLED BY THE HONOURABLE MINISTER OF FCT
The proposal targets the entire federation, with sectoral spending spread across security, infrastructure, education, health, and agriculture as the government seeks to steady the economy and improve daily life.
Tinubu said the budget is built to protect recent economic gains, strengthen confidence, and move recovery closer to ordinary Nigerians, while warning that all armed groups operating outside government authority will now be treated as terrorists.
The plan projects ₦34.33 trillion in revenue against ₦58.18 trillion in spending, with strong allocations to security and capital projects, alongside stricter budget discipline, wider revenue reforms, and deeper investment in people and food production.
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