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FEC approves 2026–2028 MTEF with N50.7tr revenue forecast, N20.1tr deficit

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FEC approves 2026–2028 MTEF with N50.7tr revenue forecast, N20.1tr deficit

04 Dec, 2025

The federal executive council (FEC) has approved the 2026–2028 medium-term expenditure framework (MTEF), which outlines Nigeria’s economic assumptions, revenue outlook and spending priorities for the next three years. Atiku Bagudu, minister of budget and national planning, briefed journalists after Wednesday’s council meeting chaired by President Bola Tinubu. He said the document was jointly prepared by the budget office of the federation and his ministry.....................….......READ MORE