Senate approves N68trn 2026 budget

News Senate approves N68trn 2026 budget Published on March 31, 2026 By Vanessa Onah googletag.cmd.push(function() { googletag.display('div-gpt-ad-1500386953281-8'); }); The Nigerian Senate has approved a N68 trillion budget for the 2026 fiscal year, increasing the initial proposal of N59 trillion by N9 trillion. Senate President Godswill Akpabio announced the passage of the budget during plenary after lawmakers considered and adopted the report of the Senate Committee on Appropriations. The report was presented by the committee’s chairman, Adeola Olamilekan, who outlined the key allocations in the spending plan. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1524595905268-5'); }); According to him, N4.799 trillion was earmarked for statutory transfers, N15.809 trillion for debt servicing, N16.427 trillion for recurrent (non-debt) expenditure, and N32.287 trillion for capital expenditure. Following the review, the Senate approved the recommendations and passed the budget. The approved budget will run for the 2026 fiscal year, ending December 31, 2026. More details to follow… Don't Miss Don’t fight politicians’ battles – Mahdi Shehu warns supporters You may like Senate approves Tinubu’s $6bn loan request Tinubu writes Senate for approval to borrow fresh $6bn IGP submits framework for state police to Senate committee 2027: ADC in last stage battle after emerging leading opposition in Senate 2027: Pressure from parents, others made me consider going for Senate – Gov Sule BUK Senate expels 171 students over fake entry credentials

SOURCE: https://dailypost.ng/2026/03/31/senate-approves-n68trn-2026-budget/