President Tinubu presents N58.47trn 2026 budget bill to cheering National Assembly in joint session.
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Tinubu presents N58.47trn 2026 budget to National Assembly after FEC approval

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President Bola Tinubu presented the N58.47 trillion 2026 appropriation bill to a joint session of the National Assembly on December 19, 2025, as scheduled, following its endorsement by the Federal Executive Council earlier that day.

The presentation fulfilled preparations announced days earlier, including formal notifications to lawmakers and enhanced security at the National Assembly complex. President Tinubu delivered his speech at 2:00 p.m., marking a key milestone in Nigeria's fiscal planning.

The budget figure of N58.47 trillion was approved during an emergency Federal Executive Council (FEC) meeting presided over by Vice President Kashim Shettima. This corrects earlier reports of N58.18 trillion. While detailed allocations and priorities were not immediately disclosed, the event highlights the administration's economic focus amid national challenges.

Lawmakers will now review, debate, and potentially amend the proposal before passage.

사람들이 말하는 것

Initial reactions on X to President Tinubu's presentation of the N58.47trn 2026 budget are mixed. Supporters and officials praise its focus on security (N5.41trn), infrastructure, education, and health as consolidation of reforms for shared prosperity. Critics, including PDP, label it a 'budget of renewed sufferings' amid persistent hardship and unrealistic revenue assumptions. Skeptics highlight high debt service, past implementation failures, and optimistic oil benchmarks as risks to feasibility.

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President Tinubu and tax reform chairman discuss Nigeria's 2026 tax reforms easing burdens and boosting growth.
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Nigeria insists on tax reform implementation from January 2026

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The Federal Government of Nigeria has reaffirmed its commitment to implementing key tax reform laws starting January 1, 2026, despite ongoing procedural reviews by the National Assembly. Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, stated that preparations are on track following a briefing with President Bola Tinubu. The reforms aim to ease the tax burden on most Nigerians while promoting economic growth.

President Bola Ahmed Tinubu will address a joint session of Nigeria's National Assembly on December 19, 2025, to present the proposed 2026 Appropriation Bill. This annual fiscal event follows formal notifications to lawmakers. Security measures will ensure smooth proceedings at the assembly complex.

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The Plateau State House of Assembly has approved the N817.5 billion Appropriation Bill for the 2026 fiscal year. This decision came during a session on Wednesday.

하원은 국내 최초 실시간 스트리밍 양원회의에서 6.793조 페소 2026년 국가 예산을 승인한 후 회의를 중단하고 입법 일정을 연장했다. Faustino Dy III 의장은 이를 “예산 과정의 투명성 전환점”이라고 불렀다. 연장은 양원 보고서의 적절한 비준을 보장한다.

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Kaduna State Governor Uba Sani has signed the 2026 budget, allocating N100 million to each of the state's 255 wards to drive grassroots development.

President Bola Tinubu convened the All Progressives Congress national caucus at the Presidential Villa in Abuja on December 18, 2025, as the party prepares for its National Executive Committee meeting and future political strategies. The gathering includes high-profile figures, including recent defectors from the opposition Peoples Democratic Party, amid efforts to strengthen internal unity following the death of former President Muhammadu Buhari earlier this year. Discussions focus on organisational priorities and alignment ahead of the 2027 elections.

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Nigeria's Senate has approved President Bola Ahmed Tinubu's deployment of troops to the Republic of Benin following an attempted coup. The move is praised by governors for averting a major security threat to Nigeria. Regional figures emphasize it as a model for safeguarding democracy.

 

 

 

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