Top Story

Breaking: Tinubu presents N58.18trn 2026 budget, earmarks N5.41trn for security

414

President Bola Tinubu has presented N58.18 trillion 2026 Appropriation Bill to the National Assembly, earmarking N5.41 trillion for security and defence.

Persecondnews reports that it is the single largest sectoral allocation in the proposed 2026 budget and the third consecutive year that defence and security spending has taken priority since the Tinubu administration took office in May 2023.

Presenting the bill on Friday, Tinubu said security remains the foundation of the nation’s development, investment and social stability.

Under the proposal, defence and security will receive N5.41 trillion, ahead of infrastructure, education and health, reaffirming a pattern established in the 2024 and 2025 budgets, where security consistently attracted the highest sectoral funding amid persistent threats from terrorism, banditry and kidnapping.

“Security remains the foundation of development,” the President told lawmakers, stressing that without peace and stability, other sectors of the economy would struggle to thrive.

Persecondnews reports that, just hours earlier, the Federal Executive Council (FEC) had approved the 2026 budget framework at an emergency meeting — presided over for the first time by Vice President Kashim Shettima.

The council pegged total expenditure at N58.47 trillion, with heavy spending pressures from debt service, wages and security obligations.

Breaking down the 2026 proposal, Tinubu said the security vote would be deployed to modernise the armed forces, strengthen intelligence-driven policing, enhance border surveillance and support joint operations among security agencies.

“We will invest in security with clear accountability for outcomes because security spending must deliver security results,” he said.

He also announced a major reset of Nigeria’s national security architecture, including the establishment of a new national counter-terrorism doctrine anchored on unified command, intelligence coordination and community stability.

Under the proposed framework, Tinubu declared that all armed groups operating outside state authority—including bandits, militias, kidnappers, armed gangs and violent cult groups—would henceforth be classified as terrorists, along with their financiers, informants and political or community enablers.

The President argued that the tougher classification was necessary to close legal and operational gaps that had allowed violent groups to thrive for years.

Beyond security, the 2026 budget also proposes N3.56 trillion for infrastructure, N3.52 trillion for education, and N2.48 trillion for health.

Tinubu acknowledged the pressure on public finances but insisted that prioritising security was unavoidable.

“Without security, investment will not thrive. Without educated and healthy citizens, productivity will not rise. Without infrastructure, jobs and enterprise will not scale,” he said, linking the heavy security allocation to broader development goals.

The President urged lawmakers to support the proposal, arguing that the budget was designed to consolidate recent economic gains while restoring public confidence in the state’s ability to protect lives and property.

Leave a comment

Related Articles

Tinubu in Abu Dhabi for Sustainability Summit, Strengthens Nigeria-UAE Ties

President Bola Tinubu arrived in Abu Dhabi on Sunday night to attend...

Tinubu Orders Full-Scale Hunt for Terrorists Behind Kasuwan Daji Massacre

President Bola Ahmed Tinubu has condemned the “barbaric” attack on Kasuwan Daji...

Just In: Detained Malami, son, wife not yet off the hooks, bail deferred to Jan. 7

The hopes of former Attorney-General Abubakar Malami and his family to celebrate...

Just in: New Year Gesture: Akpabio Withdraws Suits Against Natasha, Others

Inspired by a New Year’s message on forgiveness, Senate President Godswill Akpabio...

Anthony Joshua Discharged from Hospital After Fatal Car Crash in Ogun

World heavyweight boxing champion Anthony Joshua has been discharged from the hospital...

Tinubu’s New Year Vow: More Reforms, Safer Nigeria

President Bola Tinubu has declared that Nigeria is entering a “robust phase”...

Super Eagles Clinch Top Spot With 3-1 Victory Over Uganda

Nigeria’s Super Eagles wrapped up their AFCON 2025 group stage campaign with...

No Going Back: New Tax Laws Will Commence on January 1, 2026 – Pres. Tinubu

In a State House statement issued on Tuesday, the Presidency said all...

Just in: Ex-Justice Minister Malami, son, wife remanded at Kuje prison pending bail

Former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN),...

Governors, British Envoy Visit Anthony Joshua in Lagos Hospital After Fatal Crash

British Deputy Head of Mission, Simon Field, visited world heavyweight champion Anthony...

Nigeria’s Economy Remains Stable Amidst Counterterrorism Operation – Finance Minister Edun

Nigeria’s financial markets are holding strong despite the recent joint counterterrorism operation...

Nationwide Blackout: Nigeria’s National Grid Fails Again

Nigeria was plunged into darkness on Monday following yet another collapse of...

Anthony Joshua Survives Road Crash in Ogun, Two Feared Dead

World-renowned British-Nigerian boxer Anthony Joshua was involved in a serious road accident...

Air Peace CEO Sounds Alarm Over Jan. 1 New Tax Law, May Push Ticket Prices Above ₦1m

Nigeria’s aviation sector is on the brink of collapse as new tax...

Breaking: AFCON 2025: Nigeria Stun Tunisia 3-2, Secure Round of 16 Spot

Nigeria has secured a spot in the Round of 16 at the...

Security Boost: FG Deploys 7,000 Forest Guards in 7-State Pilot Programme

The Federal Government says it is deploying 7,000 newly trained forest guards...

SGF George Akume Ties the Knot with Ooni’s Ex-Queen Zaynab

Sen. George Akume, the Secretary to the Government of the Federation (SGF),...

Alleged Alteration: NASS to Re-gazzette Tax Laws, Says Reps Spokesperson

The National Assembly has directed its Clerk to re-gazette the nation’s tax...

FG Confirms US Airstrikes Against ISWAP Terrorists in Northwest

Following the Christmas day US air strikes against terrorist targets in the...

Christmas Day Strike: Trump Says U.S. Hit ISIS Targets in Northern Nigeria

U.S. President Donald Trump on Christmas Day announced that American forces carried...