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Nigeria's 2026 Budget Proposes Increased Spending on Vehicles and Miscellaneous Items Amid Revenue Concerns

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Nigeria's 2026 budget proposal includes a N11.25 billion allocation for presidential vehicles, marking a 135% increase from the previous year, amid ongoing revenue concerns. The budget reflects a trend of high spending on vehicles and miscellaneous items across various ministries, with significant allocations also directed towards luxury procurements and office maintenance. Despite commitments to fiscal discipline and digital transformation, expenditures on stationery and miscellaneous expenses remain notably high.

Nigeria's 2026 Budget Proposes Increased Spending on Vehicles and Miscellaneous Items Amid Revenue Concerns
Jan 12, 2026, 5:22 PM

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