The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has presented the Ministry’s 2025 budget performance and 2026 budget proposal to the Joint Committee of the Senate and House of Representatives on Petroleum Resources. A statement issued on Tuesday by Chris Ugwuegbulam, Head, Press and Public Relations Unit, said Lokpobiri made the presentation on…
The Leader of the Labour Party Caucus in the House of Representatives, Rep. Afam Ogene, has raised alarm over what he described as a near-total failure in the implementation of the 2025 capital budget and escalating insecurity across the country. Ogene said Nigeria had become a “special economic zone” where “everyone and everything now has…
Governor Dapo Abiodun of Ogun State has presented a N1.66 trillion appropriation bill for 2026 to the state House of Assembly, describing it as the “Budget of Sustainable Legacy.” The presentation took place on Wednesday at the assembly complex in Abeokuta. Abiodun explained that the budget allocates N1.044 trillion (63 per cent) to capital expenditure,…
Gov. Uba Sani on Monday presented a ₦985.9 billion Appropriation Bill for the 2026 fiscal year to the Kaduna State House of Assembly, describing it as a people-oriented budget designed to consolidate gains in security, infrastructure, education and rural development. Presenting the draft budget at Lugard Hall, Sani said the proposal was not only a…
Gov. Sheriff Oborevwori of Delta State on Wednesday presented the 2026 Appropriation Bill of N1.664 trillion to the State House of Assembly in Asaba. The governor said N499 billion, representing 30 per cent of the total budget, is earmarked for recurrent expenditure, while N1.165 trillion, or 70 per cent, is allocated to capital expenditure. He…
Governor Abdullahi Sule of Nasarawa State on Wednesday submitted a N517.5 billion budget proposal for the 2026 fiscal year to the State House of Assembly in Lafia. The appropriation bill, themed “Budget of Strategic Consolidation”, aims to consolidate ongoing infrastructure projects, enhance connectivity, and boost economic competitiveness across the state. While presenting the budget, Sule…
Governor Dikko Radda of Katsina State on Wednesday signed the state’s N897.8 billion 2026 appropriation bill into law. The budget, presented at the Katsina Government House, is themed “Building Your Future 3.” Radda commended the State House of Assembly for passing the budget within 21 working days, describing their collaboration as a testament to effective…
Gov Francis Nwifuru of Ebonyi on Tuesday presented an N884.87 billion Appropriation Bill for the 2026 fiscal year to the State House of Assembly in Abakaliki. The budget, christened the “Budget of Actualisation and Hope,” is anchored on the government’s People’s Charter of Needs philosophy. Nwifuru said the budget aims to sustain fiscal consolidation, accelerate…
Governor Babajide Sanwo-Olu on Tuesday presented a N4.24 trillion budget proposal for 2026 to the Lagos State House of Assembly, describing it as a transformative plan for inclusive growth. Tagging it “The Budget of Shared Prosperity,” the governor said it would build on the 2025 Budget of Sustainability and advance the state’s long-term development trajectory….
The Senate on Wednesday approved President Bola Tinubu’s request for a N1.15 trillion domestic loan to finance the deficit in the 2025 budget. The approval followed the adoption of the report of the Senate Committee on Local and Foreign Debts, presented by Sen. Manu Haruna (APC-Taraba). Haruna explained that the 2025 budget increased from N54.74…
