The Federal Government has reassured Nigerians that the 2026 national budget is well-planned to solidify the gains of President Bola Tinubu’s reform agenda. The proposed budget, presented by President Tinubu in December 2025, totals ₦58.18 trillion and emphasizes key sectors such as security, infrastructure, health, and education.
In an op-ed titled “A Defining Moment for Nigeria: Why Staying the Course Matters,” Minister of Information and National Orientation, Mohammed Idris, noted that the economic reforms by the current administration are already yielding positive results.
The budget includes major allocations: ₦5.41 trillion for defense, ₦3.56 trillion for infrastructure, ₦3.52 trillion for education, and ₦2.48 trillion for health. Key assumptions for the budget consist of a $64.85 oil benchmark, 1.84 million barrels of oil per day production, and a $1,400 exchange rate.
“Our ‘Budget of Consolidation, Renewed Resilience and Shared Prosperity’ is critical. It is a commitment to double down on what is working, to solidify gains, and to ensure that the shared prosperity we speak of becomes a lived reality for more Nigerians, faster,” Idris stated.
The Minister highlighted signs of economic improvement, including expanding business activity, increased investor confidence, easing inflation, and strengthening Nigeria’s external reserves. He emphasized that these indicators are foundational for lasting improvement in the daily lives of Nigerians.
Idris also reaffirmed the government’s dedication to transparency and communication, urging citizens to engage constructively in nation-building and reject misinformation. He praised President Tinubu’s leadership and noted that recent engagements with the United States have bolstered bilateral relations and Nigeria’s anti-insurgency efforts.
