President Bola Tinubu signed Nigeria’s 2026 Appropriation Bill into law on April 17, 2026, approving an aggregate expenditure of ₦68.32 trillion. The budget allocates ₦15.8 trillion to debt service, ₦15.4 trillion to recurrent expenditure, ₦32.2 trillion to the Development Fund for Capital Expenditure, and ₦4.799 trillion to statutory transfers. Tinubu also signed the Appropriation (Repeal and Enactment) (Amendment) Bill, 2026, extending the implementation period of the capital component of the 2025 budget from March 31, 2026, to June 30, 2026.

The 2026 Appropriation Act came into force on April 1, with full implementation to proceed under the administration’s Renewed Hope Agenda. Tinubu directed ministries, departments, and agencies to ensure disciplined and transparent utilisation of allocated resources.

Nigeria