By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

Senate sets March 17 for passage of N58.472trillion 2026 budget

Last updated: January 30, 2026 6:35 pm
2 weeks ago Oydiya Urum
Share
3 Min Read
AIT IMAGES 1 7
Nigerian Senate Logo

The Senate Committee on Appropriations has unveiled a timetable for the consideration and passage of Nigeria’s 2026 Appropriation Bill, setting March 17, 2026, as its target date for completion.

Chairman of the committee, Senator Solomon Olamilekan, disclosed this during a meeting of the committee, outlining a structured legislative process aimed at ensuring timely passage of the budget.

According to the timetable, public hearings and engagements with Ministries, Departments and Agencies (MDAs) will hold from Monday, February 2 to Friday, February 13, 2026.

During this period, subcommittees are expected to interface with heads of MDAs for budget defence and clarifications.

The committee will then move to the consolidation and harmonisation phase of the various reports from February 21 to March 17, 2026.

Presentation and laying of the final report before the Senate is expected between March 17 and March 19, 2026.

Senator Olamilekan stressed the need for urgency and discipline among committee members, urging them to adhere strictly to the timetable despite indications that the leadership of the Senate is pushing for an earlier passage date of March 12.

MUST READ: Court Gants Angela Okorie 5 Million Naira Bail Over Cyberbullying Allegation

As part of efforts to ensure an inclusive process, the committee also scheduled Monday, February 9, 2026, for a public hearing on the budget proposal.

According to the Chairman senate Committee on Appropriations Senator Solomon Olamilekan a Professor of Economics at the University of Lagos, Wasiu Adeoye, will deliver a PowerPoint presentation at the hearing.

A proposal by Senator Olamilekan was adopted by the committee, proposing Thursday, March 5, 2026, for an interactive session between committee members and key economic managers of the Federal Government.

Those expected include the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Budget and National Planning, Senator Atiku Bagudu, among others.

Senator Adeola also disclosed that February 16 to 23, 2026, has been earmarked for the submission of reports on budget defence by chairmen of the various Senate committees, ahead of the presentation of the Appropriations Committee’s report to the Senate on March 17.

He noted that while the Senate leadership initially proposed that the budget be passed by March 12, 2026, he secured an additional week to allow for more thorough scrutiny.

To aid detailed examination of the estimates, the Chairman added that hard copies of the 2026 budget have been printed and distributed to chairmen and members of the standing committees.

The timetable was subsequently adopted by the committee following a motion moved by Senator Adamu Aliero (APC, Kebbi Central) and seconded by Senator Orji Uzor Kalu (APC, Abia North.

(Editor: Roluke Ogundele)

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • Liberia and Seychelles Forge Historic Diplomatic Partnership at African Union Summit February 15, 2026
  • Seychelles: Minister Barry Faure pays courtesy call on Chairperson of the African Union Commission February 15, 2026
  • Uganda: President Museveni Urges National Resistance Movement (NRM) Chairpersons to Promote Wealth Creation, Accountability and Service Delivery February 14, 2026
  • Egypt: President El-Sisi Meets Prime Minister and Minister of Finance February 14, 2026
  • Ambassador Yin Chengwu Meets with Minister of Local Government of Liberia, Hon. Francis Sakila Nyumalin February 14, 2026

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?