Nigerian Senate Criticizes Multiple Budget Implementations by Government

The Nigerian Senate has criticized the federal government for implementing multiple budgets in a fiscal year, warning that this practice undermines fiscal discipline and transparency. During a session discussing the 2026-2028 Medium-Term Expenditure Framework, concerns were raised about revenue targets and deficits.

Lawmakers highlighted the need for realistic budget proposals and questioned the reliance on borrowing to bridge revenue gaps. The Senate called for an end to the overlapping implementation of budgets, urging the government to present achievable budget plans.