...Economists slam N’Assembly for poor oversight The federal government’s 2026 budget outlook has exposed rare and widening divisions within the National Assembly, as lawmakers disagreed sharply over the revenue assumptions underpinning the 2026–2028 Medium Term Expenditure Framework (MTEF). Experts warn that the proposed N54.46 trillion spending plan, which relies heavily on borrowing projected to exceed 30 percent of the 2026 budget, underscores persistent fiscal imbalances and weak legislative oversight of federal loans. Ec
...Economists slam N’Assembly for poor oversight The federal government’s 2026 budget outlook has exposed rare and widening divisions within the National Assembly, as lawmakers disagreed sharply over the revenue assumptions underpinning the 2026–2028 Medium Term Expenditure Framework (MTEF). Experts warn that the proposed N54.46 trillion spending plan, which relies heavily on borrowing projected to exceed 30 percent of the 2026 budget, underscores persistent fiscal imbalances and weak legislative oversight of federal loans. Ec