Nigeria Sets Tough Standards for 2026 Budget Preparation - Voice of Nigeria Broadcasting Service

Stress Testing The 2026 Budget

Nigeria’s 2026 budget relies on the assumption that inflation will continue to moderate and that oil prices will remain relatively stable. These factors significantly influence government revenues, expenditures, and the overall fiscal balance. Assessing the budget’s resilience means examining how deviations in inflation and oil prices could affect its implementation. Inflation Outlook: Moderation Anticipated but Risks Remain The budget builds on…

Nigeria Sets Tough Standards for 2026 Budget Preparation - Voice of Nigeria Broadcasting Service

The Nigerian Government has announced a major shift in the preparation and execution of the 2026 national budget, urging Ministries, Departments and Agencies (MDAs) that submissions will be judged strictly on realism, readiness and measurable results. Speaking at the opening of the 4-day Government Integrated Financial Management System (GIFMIS) and the Budget Preparation Subsystem(BPS) sensitisation/training, Director General of the Budget Offi…