Nigeria is engineering a self-inflicted fiscal crisis, pushing a budget far beyond its actual capacity even as the numbers fail to add up.
The split between the budget and finance ministries has deepened internal divisions, fueling a 115% increase in the federal budget in just two years despite underperforming revenues. In this period, the budget has jumped from N27.5 trillion in 2024 to N58 trillion in 2026.
Despite facing a stagerring 75 percent revenue shortfall this year alone, the government is heading into 2026 with a N58 trillion b
