...debt obligations now dictate fiscal priorities, analysts warn
Nigeria’s federal budgets over the past decade have consistently favoured the ministry of finance, reflecting the heavy burden of rising debt at the expense of growth-driving sectors such as agriculture, power and works.
A review of budget allocations between 2016 and 2025, as well as the proposed 2026 appropriation bill currently before the National Assembly, shows that the finance ministry has consistently ranked among the top recipients of federal spending, even
