Budget

Tinubu Signs Amended Appropriation Bill 2025, Extends Implementation to December

President Bola Tinubu has signed the amended 2025 Appropriation Bill into law, extending the implementation period of the budget from September 30 to December 31, 2026.

Fubara Signs ₦1.85trn Budget Into Law, Pledges New Era Of Cooperation In Rivers

Fubara assented to the budget on Thursday at the State Executive Council Chambers, Government House, Port Harcourt, describing the legislation as a significant departure that could usher in a new phase of development and cooperation between the executive and legislative arms of government.

‘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...
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Latest News

Italy-Bound Businessman Intercepted With Cocaine Consignments In Shoe Soles, Bag Railings

Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted a Milan-bound businessman with 4.80 kilograms of cocaine concealed in the soles of shoes and the railings of travelling bags at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos.
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