BREAKING: FG Eyes N34tn Revenue As Tinubu Presents 2026 Budget To NASS

The Federal Government has projected a total revenue of ₦34.33tn and projected total expenditure of ₦58.18tn, including ₦15.52tn for debt servicing.

Recurrent (non‑debt) expenditure is ₦15.25tn, while capital expenditure is ₦26.08tn.
It also projected a budget deficit of ₦23.85tn, representing 4.28 percent of GDP.

Oil benchmark is pegged at US$64.85 per barrel, while
crude oil production of is fixed at 1.84 million barrels per day and exchange rate is projected at ₦1,400 to the US Dollar for the 2026 fiscal year.

Details shortly….