Tinubu Approves ₦ 68.32 Trillion 2026 Budget, 2025 Expenditure Deadline Extended
The 2026 Appropriations Bill, which authorizes an overall expenditure of ₦68.32 trillion for the current fiscal year, was signed into law by President Bola Tinubu. Additionally, he signed a different bill that extended the implementation period of the 2025 budget from March 31 to June 30, 2026. The budget allots ₦15.8 trillion for debt service and ₦4.799 trillion for statutory transfers. Additionally, it allocates ₦32.2 trillion for capital expenditures through the Development Fund and ₦15.4 trillion for ongoing expenses.

