📢 Dear Nigerians,
President @officialABAT presented the 2026 budget of N58.47 trillion to a joint session of the National Assembly today.
To fund this budget, FG projects a total revenue of N34.33 trillion, and a deficit of N23.85 trillion.
📌 The budget is anchored on an… pic.twitter.com/oKcE7475WZ
— BudgIT Nigeria (@BudgITng) December 19, 2025
Dear Nigerians,
President Tinubu presented the 2026 budget of N58.47 trillion to a joint session of the National Assembly today.
To fund this budget, FG projects a total revenue of N34.33 trillion, and a deficit of N23.85 trillion.
The budget is anchored on an oil production of 1.84 million barrels per day, an oil price benchmark of $64.85 per barrel, and an exchange rate of N1,400/$.
The proposed expenditure includes:
Capital Expenditure: 25.68tn
Debt Servicing : 15.52tn
Personnel Costs: 10.75tn
Statutory Transfers: 4.1tn
Overhead Costs 2.22tn
More details coming soon!