Tinubu to present Nigeria’s 2027 budget before year-end
By the AFREEQUE newsroom, based on Punch
Nigerian President Bola Tinubu will present the 2027 federal budget to the National Assembly before the end of the year, according to Minister of State for Budget Doris Anite-Uzoka. Government bodies will be required, among other things, to submit their founding documents and be registered in public payroll and financial management systems, Punch reports.
Nigerian President Bola Tinubu will present the 2027 federal budget to the National Assembly before the end of the year, Minister of State for Budget and Economic Planning Doris Anite-Uzoka said on Wednesday, according to Punch.
The minister made the announcement after a Federal Executive Council meeting in Abuja. The preparation process began with a circular from the Budget Office of the Federation dated 4 September, asking ministries and agencies to submit their 2027 personnel expenditure proposals by 18 September. The requests must be accompanied by the founding documents of the bodies concerned.
Anite-Uzoka also said the Federal Executive Council had approved the revised National Food and Nutrition Policy for 2026 and a national nutrition bill. She further reported that the private sector had endorsed the 2026-2030 National Development Plan, presented at the 32nd Nigerian Economic Summit, held in Abuja from 26 to 28 October.
The plan sets out a framework for a $1 trillion economy through job creation, productivity gains and shared prosperity, according to the minister. Vice-President Kashim Shettima represented Tinubu at the summit, co-organised by the Ministry of Budget and the Nigerian Economic Summit Group.
