Nigerian Senate Endorses Tinubu's N58.47 Trillion 2026 Budget Proposal

The Nigerian Senate has backed President Bola Tinubu's N58.47 trillion 2026 budget proposal, focusing on infrastructure, security, and debt servicing. The budget includes allocations for sectors like defense and emergency services.

The proposal aims to stabilize the economy, implement reforms, and drive growth. Senate Leader Opeyemi Bamidele described the budget as a crucial step towards fiscal discipline and transparency.

The total expenditure for 2026 is set at N58.472 trillion, with allocations for statutory transfers, debt servicing, recurrent and capital expenditures. The budget targets key areas like transport infrastructure, power, agriculture, and digital economy stimulation.