FG targets growth, stability in 2026 budget
The Federal Government has said it will place strong focus on prudent management of public funds and improved revenue generation during the implementation of the 2026 Budget, as part of
The Federal Government has said it will place strong focus on prudent management of public funds and improved revenue generation during the implementation of the 2026 Budget, as part of efforts to grow the economy and improve the lives of Nigerians.
The Minister of State for Finance, Dr. Doris Uzoka-Anite, made this known on Monday while presenting the 2026 Budget to the Senate.
She said the government will pursue tax reforms aimed at widening the tax net and improving compliance, while ensuring that fiscal discipline remains a key priority.
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According to her, the 2026 Budget is designed as a budget of consolidation, with clear attention on economic growth, national security, and the welfare of citizens. She explained that the government plans to strengthen revenue mobilisation to support spending, rather than rely excessively on borrowing.
“Prudent fiscal management and revenue mobilisation will be prioritised during the implementation of the 2026 Budget, alongside tax reforms to broaden the tax base and improve compliance,” the Minister said.
She added that the government will also make strategic investments in critical sectors such as security, infrastructure, and education, noting that these areas are essential for sustainable growth and social stability.
Dr. Uzoka-Anite said these investments will be supported through public-private partnerships and development finance, which she described as important tools for accelerating development without placing excessive pressure on government finances.
“Strategic investments in security, infrastructure, and education will be pursued, leveraging public-private partnerships and development finance to accelerate growth,” she said.
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A statement from the Ministry of Finance explained that the 2026 Budget places strong attention on strengthening macroeconomic stability, speeding up infrastructure delivery, improving security across the country, and enforcing fiscal discipline through tax reforms and effective execution of government plans.
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The Minister told lawmakers that the budget marks a clear move away from economic stabilisation towards growth, in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda. She said the focus is now on turning recent economic adjustments into real opportunities for businesses and households.
She assured the Senate that the government is committed to proper implementation and close monitoring of the budget to ensure that Nigerians feel its impact in their daily lives.
“The goal is to ensure that the 2026 Budget delivers real benefits to Nigerians through better security, improved infrastructure, and expanded economic opportunities,” she said.
The government expressed confidence that with disciplined execution, the 2026 Budget will support economic recovery, strengthen investor confidence, and improve living conditions across the country.
