FG: Tinubu Signs ₦68.32trn 2026 Budget, Extends 2025 Spending Timeline.

By Jako Keke, April 17, 2026.

President has signed into law the 2026 Appropriation Bill totaling ₦68.32 trillion, while also approving an extension of the 2025 budget implementation period to June 30, 2026.

The newly assented 2026 budget provides ₦4.799 trillion for statutory transfers and ₦15.8 trillion for debt servicing. Recurrent expenditure is pegged at ₦15.4 trillion, while ₦32.2 trillion is allocated to the Development Fund for capital projects.

According to a State House statement, the budget places significant emphasis on capital expenditure, which accounts for approximately 50 per cent of the total outlay. This, the Presidency noted, reflects the administration’s commitment to economic stability, infrastructure development, national security, and inclusive growth.

The President also signed the Appropriation (Repeal and Enactment) (Amendment) Bill, 2026, extending the lifespan of the capital component of the 2025 budget from March 31 to June 30, 2026. The extension is expected to facilitate the completion of ongoing infrastructure and development projects nationwide.

The statement indicated that the measure would allow Ministries, Departments, and Agencies (MDAs) to consolidate ongoing works, improve project execution rates, and ensure optimal utilisation of public funds.

With the 2026 Appropriation Act taking effect from April 1, the Federal Government is set to commence full implementation in line with its policy framework.

President Tinubu directed all MDAs to ensure prudent, transparent, and efficient use of allocated resources, stressing the need for value for money and timely delivery of projects.

He commended the National Assembly for what he described as its diligence and cooperation in the swift consideration and passage of the budget, noting that sustained collaboration between the executive and legislative arms remains critical to achieving national development goals.

The President further reaffirmed his administration’s commitment to fiscal reforms, improved revenue generation, job creation, and strengthening social protection programmes across the country.

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