Nigeria's 2027 Budget Presentation Delayed to December

The Federal Government of Nigeria has missed its September target for the presentation of the 2027 Appropriation Bill, which is now expected to be submitted to the National Assembly before the end of December. This delay, confirmed by Minister of State for Budget and Economic Planning Doris Uzoka-Anite after a Federal Executive Council meeting, poses challenges as it leaves lawmakers with limited time before the election season.

The Budget Office had previously aimed to submit the budget by September, with a circular issued on September 4 setting a deadline of September 18 for Ministries, Departments, and Agencies (MDAs) to submit personnel-cost proposals. The executive had also indicated it would send the proposal by the end of September.

The new timeline announced on October 28 aligns with the pattern of the last two budgets, which were also presented in December. Analysts have raised concerns regarding the release and spending of the 2025 and 2026 budgets before new appropriations are made.