The Digest:
The House of Representatives has approved President Bola Tinubu’s request to extend the implementation period for the capital component of the 2025 budget, pushing the deadline to March 31, 2026.
Key Points:
The House of Representatives has extended the 2025 capital budget...
The Digest:
Nigeria fell significantly short of its oil revenue targets in the first and second quarters of 2025, recording a collective shortfall exceeding N16 trillion, according to the Budget Office of the Federation. The reports highlight the persistent volatility of the nation's primary...
The Digest:
Finance Minister Wale Edun has revealed the federal government fell drastically short of its 2025 revenue target, collecting only N10.7 trillion against a N40.8 trillion projection. This disclosure challenges the President's earlier statement that Nigeria had met its annual target...