2026 Budget Is Ambitious, Unrealistic — BudgIT

Civic technology organisation, BudgIT, has described the Federal Government’s 2026 budget as overly ambitious, unrealistic and largely unfeasible under prevailing economic conditions, warning that the fiscal plan could deepen Nigeria’s fiscal vulnerabilities if urgent reforms are not undertaken.
In its analysis of the approved budget, BudgIT noted that while the government has projected total expenditure of N68.32 trillion for the fiscal year, expected revenue stands at only N36.87 trillion, leaving a fiscal deficit of N31.45 trillion.
The organisation said the deficit, equivalent to 6.41 per cent of the nation’s Gross Domestic Product (GDP), exceeds the three per cent threshold stipu...