Nigeria is heading into another fiscal year with its public finances in a state of organised confusion. As 2025 draws to a close, the country is still wrestling with overlapping budgets, delayed reports, shifting numbers and a missing medium-term plan. Senators now openly warn that the overlap of the 2024 and 2025 budgets has cast doubt on when – or even whether – a 2026 Appropriation Bill will be presented in good time. What should be a predictable annual ritual – medium-term plan, budget proposal, legislative scrutiny, implementation, reporti
Nigeria is heading into another fiscal year with its public finances in a state of organised confusion. As 2025 draws to a close, the country is still wrestling with overlapping budgets, delayed reports, shifting numbers and a missing medium-term plan. Senators now openly warn that the overlap of the 2024 and 2025 budgets has cast doubt on when – or even whether – a 2026 Appropriation Bill will be presented in good time. What should be a predictable annual ritual – medium-term plan, budget proposal, legislative scrutiny, implementation, reporti