President Bola Tinubu will address a joint National Assembly session today to unveil the proposed N54.46 trillion 2026 Appropriation Bill, skipping any detailed accounting of the 2025 fiscal year's implementation amid criticisms of prior budget shortfalls.
The budget letter, read by Speaker Abbas Tajudeen and Senate President Godswill Akpabio, schedules the noon presentation without referencing 2025's N49.7tn execution, sparking analyst concerns over transparency in uncompleted projects from 2023-2024 cycles.
Key projections include N34.33tn retained revenue, N17.88tn new borrowings, N15.52tn debt service, and N20.13tn capital spending, prioritizing infrastructure, security, and economic stimulus as tight security envelops the NASS complex.