President Bola Ahmed Tinubu has transmitted the 2026–2028 Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper (FSP) to the House of Representatives, urging the lawmakers for an urgent legislative approval to guide federal budgeting for the next three-year.
The MTEF/FSP documents were officially conveyed on Wednesday in a formal letter entitled ‘The Federal Government of Nigeria’s 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper,’ and addressed to the Speaker of the House, Hon Tajudeen Abbas.
The letter was, however, read during the plenary to lawmakers by the Deputy Speaker of the House of Representatives, Hon Benjamin Kalu.
In the letter, Tinubu informed that he has forwarded the MTEF/FSP to the House for: “kind consideration and approval” of the lawmakers, adding that the framework had already received the endorsement of the Federal Executive Council at its meeting held on December 3, 2025.
Tinubu further explained that the 2026 federal budget would be prepared strictly based on the parameters and fiscal assumptions as contained in the approved 2026–2028 MTEF and FSP, thereby providing a structured roadmap for government spending as well as revenue projections.
The president thereafter used the opportunity to appeal to the National Assembly to accord the MTEF/FSP documents a speedy legislative action even as he assured the leadership and members of the House of his highest esteem and regard.
Following the formal presentation, the Green Chamber thereafter referred the MTEF/FSP documents to its Committee on Finance for speedy legislative action and further scrutiny.
