President Bola Tinubu has presented the 2026 Appropriation Bill to the National Assembly, proposing a total budget size of N58.46 trillion. In his address, the President described the proposal as a key step in consolidating recent economic reforms while improving the living standards of Nigerians. He acknowledged the challenges citizens have faced but stressed that the reforms are beginning to yield positive results.

According to Tinubu, the 2026 budget is built around the theme “Budget of Consolidation, Renewed Resilience and Shared Prosperity.” The plan places strong emphasis on capital spending, with N26.08 trillion allocated for infrastructure, security, education, health, and agriculture. Non-debt recurrent expenditure is estimated at N15.25 trillion, while debt servicing will take N15.52 trillion.

The President highlighted signs of economic recovery, including improved GDP growth, declining inflation, rising foreign reserves, and increased oil production. He said the government’s priority for 2026 is to deepen macroeconomic stability, attract investment, create jobs, and reduce poverty. Tinubu also assured lawmakers that stricter budget discipline and accountability measures would guide implementation.

On security and human development, Tinubu said the budget prioritises modernising the armed forces, intelligence-driven policing, education financing, healthcare expansion, and food security. He called on the National Assembly to support the budget, describing it as a practical roadmap for national renewal and shared prosperity across all regions of the country.