Nigeria: 2026 Budget Ambitious but Unviable

Nigeria: 2026 Budget Ambitious but Unviable

The organisation noted in a statement on Monday that, with revenue projected at N36.9 trillion and expenditure at N68.3 trillion, the country will contend with a fiscal deficit of N31.5 trillion this year, equivalent to 6.4 per cent of the gross domestic product.

Nigeria to Borrow Nearly Half of 2026 Budget as Deficit Hits N31.45tn

Nigeria’s 2026 federal budget exposes a deepening fiscal imbalance as the government prepares to borrow for nearly half of its record N68.32 trillion expenditure. According to the analysis, the country faces a budget deficit of around N31.45 trillion, equivalent to 6.41 per cent of GDP, putting pressure on policymakers to rely heavily on borrowing to … The post Nigeria to Borrow Nearly Half of 2026 Budget as Deficit Hits N31.45tn appeared first …

Nigeria’s 2026 Budget Has a N31.45tn Problem

Nigeria’s boldest budget yet, and a civic watchdog says the government cannot pay for it.‎‎By Chioma Obinagwam ‎Nigeria cannot pay for nearly half of its own budget.‎‎Confiance News reports that it is the verdict from BudgIT, a civic-tech organisation tracking government spending, which has flagged the Federal Government’s N68.32 trillion 2026 budget as fiscally unsustainable […]

BudgIT marks 2026 Federal Budget as ambitious but unrealistic

BudgIT, a prominent civic-tech organisation promoting transparency and accountability in Nigeria’s public finance, has raised significant concerns over the Federal Government’s 2026 Budget, describing it as ambitious but unrealistic, and-within the circumstances-not feasible. Initially, the proposed budget submitted by the President was N58.47 trillion. This was later revised to N68.32 trillion after the Senate adopted […]