Photo Credit: The Nation
2025-12-24 07:00:00
According to The Nation, the Senate has advanced the proposed 2026 federal budget after it scaled second reading, keeping the appropriation process on track ahead of more detailed committee work.
The move signals early legislative buy-in for the headline spending plan, even as lawmakers prepare to drill into the assumptions—revenue projections, borrowing needs, and the spending mix that will shape implementation.
With the second reading done, the next stage shifts to deeper scrutiny, where sector-by-sector allocations and policy trade-offs become the real battleground.
TheCable also reported the development, noting that the Senate “passed the N58.472 trillion 2026 appropriation bill for second reading.” ARISE News similarly described the session as lawmakers “passed the N58.47 trillion 2026 appropriation bill for second reading.”
Echotitbits take: The key watchpoint is not the second reading itself, but the credibility of the financing plan. Nigerians should track what gets trimmed, what gets protected, and whether lawmakers demand stronger performance metrics for MDAs—especially on power, security, and inflation-sensitive social spending.
Source: The Nation — December 23, 2025 (https://thenationonlineng.net/n58-47tr-2026-budget-scales-second-reading-in-senate/)
The Nation 2025-12-23
