Budget

‘You Can’t Rewrite Constitution Through Budget’ – Atiku Knocks Tinubu’s ₦22.15bn Palace Allocation

Atiku accuses Tinubu of violating the 1999 Constitution by allocating ₦22.15 billion in the 2026 Appropriation Act for the construction and renovation of 106 traditional rulers' palaces Former vice president demands full disclosure, urging the Presidency, Budget Office,...

Atiku Challenges Tinubu Over ₦12.8tn Spendings, Demands Full Disclosure of 2026 Budget

Atiku accuses Tinubu's administration of concealing ₦12.8 trillion under the Service-Wide Vote in the 2026 budget, describing it as an unprecedented assault on transparency and fiscal accountability. The former Vice President says the Service-Wide Vote increased from ₦638...

OPINION: When The Budget Is No Longer A Fiscal Control

July 12, (THEWILL) — In February this year, the Senate Committee on Appropriations summoned the federal government’s economic team and delivered a blunt verdict: the revenue assumptions behind the proposed ₦58.47 trillion 2026 budget were unrealistic, oil projections...

FG Borrows N11.9tn but Spends Only N3.1tn on Capital Projects in 9M 2025

May 29 (THEWILL) — The Federal Government recorded fresh borrowings of N11.89 trillion in the first nine months of 2025 but spent only N3.10 trillion on capital projects within the same period, highlighting a widening gap between debt accumulation...

Nigeria’s Budget Crisis: Where Has the Money Gone?

February 15, (THEWILL) — President Bola Tinubu signed a record ₦54.99 trillion budget into law for the 2025 fiscal year, describing it as a tool for national renewal and economic transformation. Recently, ministers appearing before the National Assembly revealed a...

2026 Outlook: Mounting Debt, High Governance Costs Undermine Ambitious N37trn States’ Budget

February 09, (THEWILL) — Nigeria’s 36 states are heading into 2026 with their most ambitious spending plans on record, budgeting a combined N37.01 trillion, a sharp increase from N25.03 trillion in 2025. On the surface, the numbers signal a...

Eno Sets April Deadline for International Flights, Signs ₦1.39trn 2026 Budget

January 06, (THEWILL) — Akwa Ibom State Governor, Pastor Umo Eno, has set April 1, 2026, as the definitive take-off date for full international operations at the Victor Attah International Airport. The Governor announced the deadline on Monday, January...

Fiscal Turmoil Looms As Tinubu Breaks Nigeria’s Budget Cycle

November 24, (THEWILL) — Nigeria’s fiscal landscape is facing renewed uncertainty as President Bola Tinubu’s administration disrupts the nation’s fragile January–December budget cycle, raising concerns about governance discipline, public-sector planning, and macroeconomic stability. The break in the budget timeline restored...

Senate Extends 2024 Budget Implementation To December 2025

June 24, (THEWILL) – The Senate has approved an extension of the capital component of the 2024 national budget, shifting its implementation deadline to December 31, 2025. The decision was reached during plenary on Tuesday, following the presentation and swift...

UPDATED: Fubara Withdraws Appeal To Set Aside Judgement Against Rivers 2024 Budget

February 10, (THEWILL) – Rivers State Governor, Siminalayi Fubara, has withdrawn an appeal to the Supreme Court, seeking to set aside a judgment that nullified the state’s 2024 budget. Governor Fubara had approached the apex court to challenge an...
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