The House of Representatives on Thursday passed President Bola Tinubu’s N58.47 trillion 2026 Appropriation Bill for second reading. The 2026 budget proposal, titled “Budget of Consolidation, Renewed Resilience, and Shared Prosperity,” sailed through during plenary without debate. President Tinubu had presented the 2026 budget to a joint sitting of the National Assembly in December last year. The breakdown of the proposal shows that total expenditure is estimated at between N58.18 trillion and N58.47 trillion. On the revenue side, the budget targets N34.33 trillion, leaving a fiscal deficit of N23.85 trillion.