FG Targets ₦2.5 Trillion Independent Revenue by 2026

The Federal Government of Nigeria has set an ambitious target of generating ₦2.5 trillion in independent revenue by the year 2026. This announcement was made by Charl Abana, the Chief Executive Officer of the Fiscal Responsibility Commission, during a meeting in Abuja.

The commission reported that approximately ₦1.84 trillion in independent revenue was generated by various ministries, departments, and agencies as of September 2025. To achieve the new target, the commission plans to intensify efforts to improve transparency in revenue reporting and ensure timely remittances of operational surpluses.

George Akum, the Secretary to the Government of the Federation, emphasized the need for stronger collaboration among fiscal oversight institutions to enhance accountability and prudent management of public finances. The initiative aligns with President Bola Ahmed Tinubu's agenda to strengthen public financial management and ensure sustainable macroeconomic stability.