The approval came after the Senate adopted a joint report of the National Assembly on the 2026 Appropriation Bill.
The Senate has passed a ₦68.323 trillion budget for the 2026 fiscal year, approving an increase from the initial ₦58.47 trillion proposed by President Bola Tinubu.
The upward revision of over ₦9.09 trillion followed a fresh request by the President to accommodate legacy commitments, particularly in the transportation and health sectors, as well as additional provisions, including funding for the judiciary.
The approval came after the Senate adopted a joint report of the National Assembly on the 2026 Appropriation Bill.
A breakdown of the revised budget shows that ₦4.799 trillion is allocated for statutory transfers, ₦15.809 trillion for debt servicing, ₦15.427 trillion for recurrent (non-debt) expenditure, and ₦32.287 trillion for capital projects.
Further details indicate that ₦5.71 trillion from the additional provisions is earmarked for the regularisation of outstanding capital obligations carried over from the 2025 budget, alongside ₦2 trillion for previously omitted projects nationwide.
