Govt to borrow N2tn monthly for 2026 budget, says analyst
Financial analyst Kalu Aja alleges Nigerian government plans to borrow N2 trillion monthly to fund 2026 budget. The N58.47 trillion budget focuses on solar streetlights, motorcycles, cash grants, and other expenditures. Aja claims the budget is a wasted opportunity, similar to 2025, with borrowed funds used for solar streetlights on bad roads. The budget has a projected deficit of N23.85 trillion against revenue of N34.3 trillion. Aja's claims are unconfirmed as he cited his own X statement without independent verification.