SITUATION REPORT

Nigeria: Parliament Approves 2026 Budget With Higher Oil Price Benchmark

Apr 1, 2026 | 17:01 GMT

Nigeria's bicameral National Assembly approved the proposed 68.3 trillion naira ($49.4 billion) budget for 2026, up from 58.3 trillion naira initially proposed, and extended the implementation of the capital component of the 2025 budget until June 30, The Punch reported on March 31....

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