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N’Assembly Moves To Approve ₦58.47trn 2026 Budget


The National Assembly is expected to approve the proposed ₦58.472 trillion 2026 Appropriation Bill this week, barring any unexpected changes.

Implementation of capital projects carried over from the extended 2024 and 2025 appropriation acts is scheduled to end on Tuesday, March 31.

New Telegraph reports that both chambers of the legislature had approved the extension of the implementation period in December.

Sources familiar with the process said the report on the 2026 Appropriation Bill is expected to be presented today by the Appropriation Committees of the Senate of Nigeria and the House of Representatives (Nigeria) as lawmakers resume plenary following a short recess.

According to the sources, both chambers will deliberate on the report separately and may approve the budget during plenary either today or tomorrow. Lawmakers are expected to conclude the process before the end of the week, ahead of the Easter break.

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One source said legislators are keen to finalise the budget quickly to allow them to focus on consultations and preparations for their re-election campaigns, following the release of the electoral timetable by the Independent National Electoral Commission (INEC).

The Senate had earlier postponed its resumption date to today, shortly before going on break two weeks ago, a development that slowed progress on the budget, which had initially been scheduled for completion soon after the recess.

Before the adjournment, Senate President Godswill Akpabio urged the Senate Committee on Appropriations to complete work on the budget report ahead of the chamber’s resumption.

Akpabio said: “I urge the Committee on Appropriations to expedite work on the 2026 budget and ensure that its report is ready for consideration immediately upon resumption. We must not allow avoidable delays to derail the timely passage of this critical national document.’’

A source within the Senate also noted that lawmakers are determined to approve the budget promptly due to ongoing political activities linked to upcoming elections.

He said: “I am aware that the Appropriations Committee has been working to ensure that the report of the 2026 Appropriations Bill is ready for presentation this week in line with the directive of the Senate President.

“It is very likely that the reports would be considered and passed by both chambers this week before the Senate adjourns for the Easter break.’’

Attempts to obtain comments from the spokespersons of both chambers — Yemi Adaramodu of the Senate and Akin Rotimi of the House of Representatives — were unsuccessful as of the time of filing this report.



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