Nigeria’s fiscal anxieties have widened as President Bola Ahmed Tinubu prepares to lay the 2026 Appropriation Bill before the National Assembly next week, despite the delayed presentation and non-passage of the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), the statutory document that underpins the yearly budget. The development has revived longstanding fears about the diminishing autonomy of the 10th National Assembly under Senate President Godswill Akpabio, with lawmakers and analysts questioning the basis on which the 2026 estimates will be scrutinised or approved. In a letter to the Senate, President Tinubu transmitted the 2026–2028 MTEF/FSP, approved by the Federal Executive Council on December 3, 2025, urging “expeditious legislative action.” But the MTEF, legally due before the end of August, arrived four months behind schedule, crippling the statutory timeline for budget preparation. Click the link in bio for the full story #PresidentBolaTinubu #Budget #MTEF #FSP

Nigeria’s fiscal anxieties have widened as President Bola Ahmed Tinubu prepares to lay the 2026 Appropriation Bill before the National Assembly next week, despite the delayed presentation and non-passage of the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), the statutory document that underpins the yearly budget. The development has revived longstanding fears about the diminishing autonomy of the 10th National Assembly under Senate President Godswill Akpabio, with lawmakers and analysts questioning the basis on which the 2026 estimates will be scrutinised or approved. In a letter to the Senate, President Tinubu transmitted the 2026–2028 MTEF/FSP, approved by the Federal Executive Council on December 3, 2025, urging “expeditious legislative action.” But the MTEF, legally due before the end of August, arrived four months behind schedule, crippling the statutory timeline for budget preparation. Click the link in bio for the full story #PresidentBolaTinubu #Budget #MTEF #FSP