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

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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.

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