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The Lagos

The N68 trillion budget and the deficit Nigeria won’t name

On 17 April 2026, President Bola Tinubu signed the 2026 Appropriation Act, the largest in Nigerian history at N68.32 trillion ($48.80 billion). The State House announcement was precise about expenditure: N4.799 trillion ($3.43 billion) in statutory transfers, N15.8 trillion ($11.29 billion) in de...

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