The Federal Government has announced a strategic plan to implement 30% of the 2025 capital budget by November 30, 2026, while rolling over the remaining 70% into the 2026 fiscal framework. This move, directed by President Bola Tinubu, aims to fast-track delayed project execution and resolve outstanding financial obligations that have accrued due to previous […]
The Nigeria Revenue Service (NRS) has officially announced a bold revenue collection target of N40.71 trillion for the 2026 fiscal year. This target represents a significant increase from previous years and is designed to provide the necessary fiscal cushion to support Nigeria’s transition toward its ambitious $1 trillion GDP objective. This milestone projection is part […]
The Nigerian Senate has initiated a legislative push for the complete removal of electricity subsidies as a strategic measure to shore up the 2026 budget. This move is part of a broader fiscal recalibration aimed at eliminating “asymmetric threats” to the nation’s economy and redirecting scarce resources toward critical “infrastructure of distribution” and social welfare […]