The Nigerian Senate, through its Appropriations committee has tentatively fixed March 17, 2026, for final consideration and passage of the N58.472trillion 2026 budget.
In meeting up with the set date, the committee at a special session held on Friday, fixed February 2nd to 13th for consideration of the budget estimates at the committee level.
As part of an all-inclusive process, the committee has fixed Monday, February 9, 2026, for a public hearing on the budget proposal. According to its Chairman, Senator Solomon Olamilekan Adeola (Ogun West), an erudite Professor of Economics from the University of Lagos, Wasiu Adeoye, will make a PowerPoint presentation.
Furthermore, as proposed by Senator Adeola and adopted by the committee, Thursday, March 5, 2026, has been fixed for an interactive session between members of the committee and economic managers of the Federal Government, including the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Minister of Budget and National Planning, Senator Atiku Bagudu; and others.
He added that February 16 to 23, 2026, have been fixed for the submission of reports on budget defence by the various committee chairmen, ahead of the presentation of the committee’s report to the Senate on March 17, 2026.
He informed members of the committee that the Senate wanted the budget passed on the 12th of March, 2026 before he convinces the leadership for additional one week.
Senator Adeola added that for meticulous scrutiny and consideration of the budget estimates, hard copies of the 2026 budget, have been printed for the Chairmen and members of the various standing committees
The committee accordingly as moved by Senator Adamu Aliero (Kebbi Central) and seconded by Senator Orji Uzor Kalu (Abia North), adopted the timetable.
On the 19th of December 2025, President Bola Ahmed Tinubu presented the 2026 Budget proposal to the joint session of the National Assembly.
Presenting the proposal, tagged “Budget of Consolidation, Renewed Resilience and Shared Prosperity,” President Tinubu stated that the budget is aimed at consolidating recent macroeconomic gains, restoring investor confidence, and translating economic recovery into jobs and improved living standards for Nigerians.