President Bola Ahmed Tinubu has signed into legislation the 2026 Appropriation Invoice, approving a file ₦68.32 trillion funds geared toward driving {economic} progress, strengthening nationwide safety, and accelerating infrastructure improvement throughout Nigeria.
In an announcement issued by his Particular Adviser on Info and Technique, Bayo Onanuga, the President additionally assented to an modification extending the implementation interval of the 2025 funds from March 31 to June 30, 2026. The transfer is meant to permit Ministries, Departments, and Companies (MDAs) to finish ongoing capital tasks and totally utilise allotted funds.
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A breakdown of the 2026 funds exhibits ₦4.799 trillion allotted for statutory transfers, ₦15.8 trillion for debt servicing, ₦15.4 trillion for recurrent expenditure, and a major ₦32.2 trillion devoted to capital tasks via the Growth Fund. Capital expenditure accounts for about 50 p.c of the whole funds, reflecting the administration’s give attention to infrastructure and long-term {economic} productiveness.
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