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The ongoing issues with budget allocations are notably worse in 2025, as multiple ministries report inadequate funding, with some receiving zero allocations. Concerns were raised during budget defense sessions, highlighting significant gaps in financial support for essential services.
The Minister of Livestock Development disclosed that 65% of Nigeria's livestock consumption relies on imports, despite the country's potential to export red meat valued at N3.2 billion. This revelation was made during discussions regarding the ministry’s budget for 2026.
Senators have raised concerns over the N16 million spent by the Investments and Securities Tribunal on cleaning services, questioning the allocation of funds amid public financial distress.
Legislators are advocating for first-line charge designation for the Solid Minerals Ministry after reports indicated that there were no capital allocations for 2025, despite substantial appropriations. This situation has been termed a significant hurdle in Nigeria's quest for economic diversification.
The National Assembly has made it clear that budget implementation extensions will no longer be authorized, as stated by Solomon Olamilekan Adeola, the Senate Committee on Appropriations Chairman. This was revealed during a public hearing regarding the 2026 Appropriation Bill.
As of October 2025, the Federal Government recorded a revenue generation of N20.7 trillion, allocating N13.69 trillion for debt service and N8.1 trillion for capital projects. This update was provided by the Director-General of the Budget Office during a recent briefing.
Senators have expressed serious concerns about inadequate funding, which they claim is hampering the operations of standing committees and jeopardizing effective budget implementation. This issue was highlighted during a meeting led by Senator Olamilekan Adeola on January 30.
The European Union has designated €557 million for humanitarian aid to West and Central Africa, highlighting northern Nigeria as a priority in its €1.9 billion budget for 2026.
The Federal Government has decided to abandon its N7 billion building intended for the Ministry of Agriculture and Food Security and has proposed a new budget of N11 billion for a different site to establish the ministry's headquarters.
