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Nigeria's ?58.18 Trillion Budget Aims for Fiscal Discipline

12/21/2025

Summary

Story summary

President Bola Tinubu (President of Nigeria) presented Nigeria's ?58.18 trillion 2026 Appropriation Bill.
The plan aims for fiscal discipline and a single budget framework, eliminating overlapping budgets by March 2026.
Key allocations total ?5.41 trillion for security, ?3.56 trillion for infrastructure, ?3.52 trillion for education, and ?2.48 trillion for health.
President Tinubu cited GDP growth of 3.98% and inflation of 14.45%, with revenue sought through tax reforms and digitization.

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Story summary

President Bola Tinubu (President of Nigeria) presented Nigeria's ?58.18 trillion 2026 Appropriation Bill.
The plan aims for fiscal discipline and a single budget framework, eliminating overlapping budgets by March 2026.
Key allocations total ?5.41 trillion for security, ?3.56 trillion for infrastructure, ?3.52 trillion for education, and ?2.48 trillion for health.
President Tinubu cited GDP growth of 3.98% and inflation of 14.45%, with revenue sought through tax reforms and digitization.