More
    HomeNewsTinubu transmits 2026/2028 MTEF, FSP to NASS for speedy approval

    Tinubu transmits 2026/2028 MTEF, FSP to NASS for speedy approval

    Published on

    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.

    Latest articles

    Oborevwori’s Brother Allegedly Attacks Coach in ₦200,000 Debt Dispute

    Governor Sheriff Oborevwori’s younger brother, Onoriode Oborevwori, has reportedly assaulted the Delta State Head...

    Seven Ministers, Other Appointees May Quit As Tinubu Orders Resignations

    There are indications that at least seven ministers and several political appointees may soon...

    Zulum Seeks Forgiveness For Shortcomings Of His Govt

    Borno State Governor, Professor Babagana Zulum, has reaffirmed his loyalty to Vice President Kashim...

    Why I was ashamed having child out of wedlock – Bisola Aiyeola

    Nigerian reality star and actress, Bisola Aiyeola has opened up about her initial psychological...

    More like this

    Oborevwori’s Brother Allegedly Attacks Coach in ₦200,000 Debt Dispute

    Governor Sheriff Oborevwori’s younger brother, Onoriode Oborevwori, has reportedly assaulted the Delta State Head...

    Seven Ministers, Other Appointees May Quit As Tinubu Orders Resignations

    There are indications that at least seven ministers and several political appointees may soon...

    Zulum Seeks Forgiveness For Shortcomings Of His Govt

    Borno State Governor, Professor Babagana Zulum, has reaffirmed his loyalty to Vice President Kashim...