2026 budget ambitious but unviable – BudgIT (opens original article in a new tab)

Nigeria's 2026 budget is criticized as ambitious but unviable, with a large fiscal deficit and reliance on borrowing, while debt service will constrain government spending.

• Nigeria's 2026 budget projects a fiscal deficit of N31.5 trillion, exceeding the 3% GDP limit
• Revenue projections of N36.9 trillion are deemed unrealistic due to reliance on oil and uncertain tax reforms
• Debt service of N15.8 trillion will consume 45% of target revenue, limiting investments in critical sectors