The Federation Account Allocation Committee (FAAC) has distributed a total of N2.300 trillion to the federal, state and local governments
BudgIT has raised significant concerns over the Federal Government’s 2026 Budget, describing it as ambitious but unrealistic and, within the
The latest controversy surrounding Kemi Badenoch, the leader of British Conservative Party, began with a debate about British energy policy.
The Senate has approved a three-month extension of the implementation period for the capital component of the 2025 Appropriation Act,
The Revenue Mobilisation Allocation and Fiscal Commission has said the ongoing review of Nigeria’s revenue allocation formula has reached an
President Bola Tinubu has removed Wale Edun as Minister of Finance and Coordinating Minister of the Economy, elevating Taiwo Oyedele
President Bola Ahmed Tinubu has assented to the 2026 Appropriation Bill, which provides for an aggregate expenditure of ₦68.32 trillion.
Fitch Ratings has projected that Nigeria’s budget deficit will widen to nearly 5% in 2026, driven by higher expenditure, including higher
Nigeria’s Minister of Finance Wale Edun writes that Nigeria’s state visit to the United Kingdom marks a shift from diplomatic
Nigeria’s 2026 budget assumes oil at $64.85 per barrel. If crude rises toward $100 amid escalating tensions involving Iran, the
On February 26, 2026, the Implementation Committee for Executive Order 9 of 2026 held its inaugural meeting. This meeting was
The Federal Government has said it will implement 30% of the 2025 capital budget before the end of November, as
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