The Federal Government has released only ₦2.68 trillion for road projects between 2023 and April 2026, representing less than 5% of the ₦54.93 trillion budgeted for construction, rehabilitation, and maintenance.
The 2025 federal budget was proudly called the “Budget of Restoration”. Valued at about ₦55 trillion, it promised major investments in security, roads, schools, hospitals, and agriculture among others.
President Bola Tinubu has asked the National Assembly to approve an adjustment to the 2026 Appropriation Bill, proposing a ₦9 trillion increase to raise the total budget from ₦58.4 trillion to ₦67.4 trillion.
FG Pushes 70% of 2025 Capital Budget to 2026
The Federal Government has said it will implement 30 per cent of the 2025 capital budget before the end of November, as part of measures to fast-track project execution and clear outstanding obligations.
It also stated that...
INEC Proposes N873.78bn Budget for 2027 General Elections
The Independent National Electoral Commission (INEC) on Thursday informed the National Assembly that it requires N873.78bn to conduct the 2027 general elections.
The agency also demanded N171bn to fund its operations in the 2026 fiscal year.
The N873.78bn proposed...
