Nigerian Govt missed 2025 revenue target by 281% – Finance Minister
Nigeria’s Finance Minister has revealed that the Federal Government fell far short of its 2025 revenue expectations, missing the target by as much as 281 percent. The disclosure highlights the serious gap between projected income and what was actually earned during the fiscal period. According to the minister, several factors contributed to the shortfall, including […]
Kebbi: Gov Idris signs 2026 budget of N642.9bn
Kebbi State Governor, Nasir Idris, has signed the 2026 Appropriation Bill into law, approving a total budget of N642.9 billion for the state. The signing followed the passage of the budget by the Kebbi State House of Assembly after weeks of deliberation and review. According to the state government, the 2026 budget places strong emphasis […]
Mutfwang presents N914.8 billion 2026 budget estimate to State Assembly
Plateau State Governor, Caleb Mutfwang, has officially presented a N914.8 billion budget estimate for the 2026 fiscal year to the State House of Assembly. The budget proposal focuses on improving security, developing infrastructure, boosting agriculture, and supporting economic growth across the state. Governor Mutfwang explained that the budget is designed to continue rebuilding Plateau and […]
Osun operates without security votes — Gov Adeleke insists
Governor Ademola Adeleke of Osun State has revealed that his government has faced pushback for refusing to use security votes. In a statement by his spokesperson, Olawale Rasheed, Adeleke confirmed that all security-related spending in Osun is done through proper budget channels. He explained, “We don’t have security votes like many Nigerians think. I face […]
It is not a sin to borrow. Even developed nations like the USA and the United Kingdom borrow – Presidency
Many people worry when they hear that a country is borrowing money. But borrowing is not always a bad thing. Even rich countries like the United States and the United Kingdom borrow money to help their economies grow. The Nigerian Presidency has explained that borrowing is fine if it is done carefully and the money […]
Economic Council Approves New Revenue Commission Legislation
The National Economic Council (NEC), chaired by Vice President Kashim Shettima, has taken a significant step to strengthen Nigeria’s fiscal management by approving a draft bill to update the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) law. This decision was disclosed by Anambra State Governor, Professor Charles Soludo, during a media briefing after NEC’s final […]