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Reps pass N58.472 trillion 2026 budget for second reading, adjourn plenary for budget defence
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Reps pass N58.472 trillion 2026 budget for second reading, adjourn plenary for budget defenceThe House of Representatives on Thursday passed for second reading the 2026 appropriation bill presented to the National Assembly by President Bola Ahmed Tinubu on December 19, 2025, while adjourning plenary for two weeks to allow for budget defence by MDAs.
We say that the economy before the 2026 budget grew by 3.98 percent.
This is the background of the 2026 budget.
“What then are our expectations of the 2026 budget as presented?
Total revenue expectation is N34.33 trillion from the total expenditure of N58.18 trillion, with a deficit of N23.85 trillion and recurrent non-debt of N15.25 trillion, while capital expenditure will be N26.08 trillion.