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President Tinubu Presents N23.85 Trillion Deficit 2026 Budget Focused on Growth and Fiscal Discipline

Business1 min read
President Tinubu Presents N23.85 Trillion Deficit 2026 Budget Focused on Growth and Fiscal Discipline

President Bola Tinubu presented Nigeria's 2026 budget to the National Assembly with a N23.85 trillion deficit. The budget aims to promote sustainable economic growth, job creation, poverty reduction, and human capital development.

It includes total projected revenue of N34.33 trillion and total estimated expenditure of N58.18 trillion, with key allocations for security, infrastructure, education, and health. Tinubu emphasized fiscal discipline and transparency in spending.

Analysts have raised concerns about Nigeria's irregular budget practices. The budget assumes a conservative oil price and production level.

Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.

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