President Bola Tinubu has asked the Senate to increase the proposed 2026 budget by N9 trillion. This would raise the total budget size from N58.47 trillion to N67.47 trillion. The request was contained in a letter written by the President and read on the floor of the Senate in Abuja on Tuesday.
The proposed budget increase is a significant one, with the total amount being sought now standing at N67.47 trillion. This is a substantial increase from the initial proposal of N58.47 trillion. The President's request is now before the Senate for consideration.
President Tinubu's N9 trillion budget increase request is a stark display of the administration's spending priorities. With the total budget size now standing at N67.47 trillion, the implication is that Nigerians can expect a significant increase in government spending in 2026. Whether this will translate to tangible benefits for the average citizen remains to be seen.
