President Bola Tinubu dropped a bombshell during his 2026 budget presentation on December 19, 2025, declaring war on Nigeria's chaotic habit of juggling multiple overlapping budgets.
"We are terminating the habit of running three budgets in one inflow," he stated firmly to the National Assembly. "By March 31, 2026, all capital liabilities from previous years will be fully funded and closed. From April, Nigeria will operate on a single budget."
This move aims to slash inefficiencies, abandoned projects, and rollover debts that have plagued the nation for years.
The ₦58.47 trillion 2026 "Budget of Consolidation" comes with tough love: extending the 2025 budget to March and prioritizing completion of old commitments.
Supporters hail it as a game-changer for accountability, with one economist calling it "potential fiscal discipline in action."
But not everyone's cheering. Critics on social media quickly pointed fingers, noting the multiple-budget mess intensified under the current administration.
One viral post quipped: "Nigeria never practiced multiple budgets like this before, Tinubu started it, now he's ending what he began?"
Others whisper about the timing, wondering if clearing trillions in liabilities will strain revenues already stretched thin.
As Nigerians brace for more reforms, eyes are on whether this promise delivers real change or just another political headline.
The nation watches, hopeful yet skeptical, as Tinubu pushes for a cleaner financial slate.
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