Category: #Finance
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UN SLASHES BUDGET TO $3.45BN FOR 2026 AMID MAJOR REFORMS
Think the UN’s trimming fat like never before? After grueling talks and the bold UN80 initiative, world leaders just locked in a lean $3.45 billion regular budget for next year slashing resources by 15% and staff by nearly 19%. The 193-member General Assembly approved the exact $3,450,426,300 on Tuesday, fueling core pillars: peace and security,…
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GOMBE GOV YAHAYA SIGNS N618B 2026 BUDGET – ‘WORKING GOVT’ VOWS MORE TRANSFORMATION!
Gov. Inuwa Yahaya put pen to paper Monday in Gombe, inking the N617.95 billion 2026 Budget into law – boosted N82.26B from his N535.69B proposal (presented Nov 13) by the State House of Assembly led by Speaker Abubakar Luggerrewo, amid top officials cheering the people’s win! Yahaya boasted six-plus years of prudent resource use fueling…
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ABIA GOV OTI SIGNS N1.016T ‘ACCELERATION’ BUDGET – NEW POSSIBILITIES FOR JOBS, HEALTH & ROADS IN 2026!
Gov. Alex Otti greenlit Abia State’s N1.016 trillion 2026 Appropriation Bill Monday at Nvosi, Isiala Ngwa South – vowing ironclad implementation (barring surprises) with full House transparency on tweaks, praising lawmakers’ gritty scrutiny that kept capital/recurrent figures rock-solid! Otti spotlighted empowerment vibes: Business enablers, health/education/sanitation/road investments to turbocharge growth. Speaker Emmanuel Emeruwa hailed it “Budget…
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NASARAWA GOV SULE SIGNS N545B ‘STRATEGIC CONSOLIDATION’ BUDGET INTO LAW – PEOPLE-POWER PUSH FOR 2026!
Gov. Abdullahi Sule inked the N545.2 billion 2026 budget Monday at Lafia’s Government House – up N27.6B from his N517.5B proposal, now N316.3B capital (projects galore) and N228.7B recurrent, tagged “Budget of Strategic Consolidation” for citizen-focused wins! Sule hailed Speaker Dr. Danladi Jatau and assembly for lightning passage (presented Nov 26, passed Dec 23), vowing…
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OGUN ASSEMBLY GREENLIGHTS N1.668T 2026 BUDGET – SWIFT PASSAGE FOR ABIODUN’S VISION!
Ogun State House of Assembly zipped through Gov. Dapo Abiodun’s N1.668 trillion 2026 Appropriation Bill Monday at Oke-Mosan, Abeokuta – adopting Finance Committee’s report (chaired by Musefiu Lamidi, APC-Ado-Odo/Ota II) after 26 days of scrutiny, clause-by-clause tweaks, and unanimous voice vote! Lamidi’s motion (seconded by Folawewo Salami, APC-IFO II) led to smart adjustments: N2.193B IGR…
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BORNO GOV ZULUM UNVEILS N890B ‘SUSTAINED RECOVERY’ BUDGET FOR 2026 SECURITY & GROWTH!
Borno Governor Babagana Zulum rolled out a whopping N890.33 billion 2026 budget Monday in Maiduguri – tagged “Budget of Sustained Recovery and Growth,” aligned with the state’s 25-Year Plan and 10-Year Strategy: N536.56B capital (infra, security, IDP resets), N353.77B recurrent, funded by N317.68B FAAC, N44.3B IGR, N417.23B grants/aid (oil at $64/bbl, N1,512/$ exchange, 18% inflation).…
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NGX CHAIRMAN KW AIRANGA URGES CBN/SEC POLICY SYNC FOR 2026 CAPITAL MARKET BOOM!
Nigerian Exchange Group Chairman Dr. Umaru Kwairanga hit regulators Monday with a 2026 blueprint: CBN, SEC, policymakers – harmonize tax, FX, cross-border rules to kill uncertainty, spike investor confidence, and draw sustained foreign cash into Naija’s markets! Kwairanga pushed clarity on capital gains tax, clearing/settlement speed, disclosures – plus derivatives, ETFs, securitized products for risk…
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KANO ASSEMBLY PASSES N1.477T 2026 BUDGET – 68% CAPITAL PUSH, HONORS FALLEN LAWMAKERS!
Kano State House of Assembly greenlit Gov. Abba Kabir Yusuf’s N1.477 trillion 2026 Appropriation Bill Monday under Speaker Alhaji Jibril Falgore – a whopping N934.6B (68%) for capital projects like infra/development (highest ratio in years) vs N433.4B (32%) recurrent, post-Nov. 19 presentation and plenary debates. Next up: Bill heads to Gov. Yusuf for assent per…
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ONDO GOV AIYEDATIWA SIGNS N524.4B ‘ECONOMIC CONSOLIDATION’ BUDGET FOR 2026!
Gov. Lucky Aiyedatiwa inked Ondo’s massive N524.4 billion 2026 budget into law Monday in Akure – tagged “Budget of Economic Consolidation” with N303.57B (58%) for capital projects like roads/power/water to ignite growth, plus N220.8B (42%) recurrent – proving his infra-first vibe amid Naija’s economic squeeze. Aiyedatiwa called it a “strategic blueprint for self-reliance and prosperity,”…
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NATIONAL ASSEMBLY ORDERS RE-GAZETTING OF KEY TAX ACTS TO FIX PUBLISHED DISCREPANCIES
Nigeria’s National Assembly just hit reset on four major tax laws Friday – directing re-gazetting and certified true copies for the Nigeria Tax Act 2025, Nigeria Tax Administration Act 2025, Joint Revenue Board (Establishment) Act 2025, and Nigeria Revenue Service (Establishment) Act 2025 – after public buzz flagged mismatches between passed bills, presidential assent versions,…
