Tinubu Signs N68.32trn 2026 Appropriation Bill into Law

On March 31, 2026, President Bola Tinubu signed the N68.32 trillion 2026 Appropriation Bill into law, as confirmed by presidential spokesperson Bayo Onanuga. The bill includes an allocation of N4.799 trillion for statutory transfers, N15.8 trillion for debt servicing, N15.4 trillion for recurrent expenditure, and N32.2 trillion for development funds.

The capital expenditure accounts for 50 percent of the budget, reflecting the administration's commitment to economic stability, national security, and infrastructure development. The 2026 Appropriation Act will take effect on April 1, 2026, allowing the federal government to implement the budget fully under the Renewed Hope Agenda.

Tinubu directed ministries, departments, and agencies (MDAs) to ensure disciplined, transparent, and efficient use of allocated resources. The act also repeals and amends the 2026 extension of the capital component of the 2025 Appropriation Act to ensure effective utilization of funds for critical infrastructure projects across the country.