Lunagisthub2026 Budget and Constitution Review: National Assembly’s Top Agenda
As the National Assembly resumes plenary sessions, two critical issues are set to dominate the legislative agenda: the scrutiny of President Bola Tinubu’s ₦58.47 trillion 2026 Appropriation Bill and the review of the 1999 Constitution. The Leader of the Senate, Senator Opeyemi Bamidele, has emphasized the importance of expediting work on these matters to ensure the country’s growth, prosperity, and stability .
The 2026 budget, themed “Budget of Consolidation, Renewed Resilience and Shared Prosperity,” aims to consolidate macroeconomic stability, deepen global competitiveness, and translate economic growth into jobs, higher incomes, and improved living standards. The budget proposal outlines total expenditure of ₦58.18 trillion, with a new borrowing plan of ₦17.88 trillion and projected revenue of ₦34.33 trillion
The review of the 1999 Constitution is a significant undertaking that requires careful consideration and stakeholder engagement. The Senate Committee on Constitution Review, chaired by Deputy Senate President Barau Jibrin, has reaffirmed its commitment to completing the exercise in 2026. The review process will involve public hearings and consultations with key stakeholders to ensure that the document reflects the socio-economic realities of the country .
– Total Expenditure:₦58.18 trillion
– Projected Revenue: ₦34.33 trillion
– New Borrowing Plan:* ₦17.88 trillion
– Debt Servicing: ₦15.52 trillion
– Capital Expenditure:₦26.08 trillion
– Recurrent Expenditure:₦15.25 trillion .
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