Tinubu Chairs Emergency FEC Meeting, Approves N58.47trn 2026 Budget Proposal

The emergency FEC meeting chaired by Tinubu approved a N58.47 trillion budget proposal for 2026, with attendees including Vice President Shettima, Secretary to the Government Akume, and others. The budget includes expenditures for government enterprises, donor funds, debt servicing, personnel costs, and capital expenditures.

Minister Bagudu confirmed the budget's consideration. The proposal reflects a balanced macroeconomic strategy and realistic assumptions, particularly regarding oil prices and exchange rates.