President Tinubu Shifts Nigeria to Single Annual Budget Cycle from April 2026
President Bola Tinubu of Nigeria has declared a significant shift to a single annual budget cycle from April 2026, during the presentation of the 2026 appropriation bill to the National Assembly. This move is part of broader fiscal reform efforts to reset the country's budget calendar, improve public financial management, and strengthen discipline in government spending.
The reform seeks to eliminate budget overlaps, delays in project execution, and enhance transparency within ministries, departments, and agencies. Tinubu's administration plans to end the practice of running multiple budgets concurrently, ensuring a cleaner and more efficient budget framework.
The President also seeks to repeal and reenact previous budgets to align with the new fiscal cycle.
Plus234Feed summary based on reporting from News Online Nigeria. Read the original report below.
Read full article
Continue on News Online Nigeria
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigeria to Adopt Single Budget Cycle from April 2026, President Tinubu Declares
President Tinubu to Present 2026 Budget to National Assembly, Outlining 54.46 Trillion Naira Plan
Bola Tinubu Proposes Repealing and Extending Nigerian Budgets for Fiscal Reform
Bola Tinubu to Present 2026 Budget to National Assembly; Senate Approves Fiscal Framework
Tinubu to Present N54.4 Trillion 2026 Budget to Nigerian National Assembly
President Tinubu Unveils Nigeria's 2026 Budget with Focus on Economic Reforms and Security
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
