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Home News Business & Economy

Where is the 2026 Federal Budget?

Bassey Udo by Bassey Udo
May 4, 2026
in Business & Economy, Viewpoint & Comments
0
The unconstitutionality of the Unclaimed Funds Trust Fund

Lead Director, CENSOJ

By Eze Onyekpere

The continued blatant refusal by the government to make available information on the details of the allocation and management of public expenditure and resources at the federal level is a grievous violation of the constitutional and statutory right of Nigerians.

From the scheme and trajectory of events, these denials are deliberate and targeted at frustrating the exercise of the right of Nigerians to participate and make informed inputs into the fiscal governance system in the country.

We recall that President Bola Ahmed Tinubu signed and assented to the 2026 federal budget on April 17 2026. Today is May 4, 2026 and seventeen days after the assent to the budget. A review of the budget segment of the website of the Budget Office of the Federation (BOF), which normally hosts the federal budget, reveals that it has not been uploaded to the website.

Furthermore, the approved budget is not available on any other public electronic portal of the Federal Government. The Centre for Social Justice (CSJ), a Nigerian Knowledge Institution, notes with regret that his continues the trajectory of the deliberate restriction of information and gross dereliction of duties by the BOF and the Ministry of Budget and Economic Planning,
considering that the executive budget proposal, which was presented by the President to
the National Assembly on the 19th of December 2025, was only uploaded to the website on January 8, 2026 – twenty days after presentation.

We are aware that uploading a soft copy of the approved budget to the website of the BOF is an exercise that will not take up to 20 minutes. So, what exactly is responsible for the long delay?

Pray, is the budget still being reviewed and worked upon in the manner of
the Tax Bills that were altered after legislative approval? The BOF needs to explain to Nigerians.

Furthermore, it is a matter of grave concern that 17 days after the presidential assent, the BOF, Minister of Budget and Economic Planning and the Coordinating Minister for the Economy have not deemed it fit to have a budget briefing or breakdown session with Nigerians through the media and civil society where the details and economic policy leads behind the budget are usually explained and clarified.

CSJ hereby reminds the BOF and the respective Ministers of the provisions of Section 48 (1) of the Fiscal Responsibility Act, which states that: “The Federal Government shall ensure that its fiscal and financial affairs are
conducted in a transparent manner and accordingly ensure full and timely
disclosure and wide publication of all transactions and decisions involving public revenues and expenditures and their implications for its finances.”

This deliberate refusal by the BOF to perform a statutory duty runs contrary to the entire gamut of the Freedom of Information Act (FOIA) and the constitutional fundamental objective of
participation by the people in their fiscal governance – because no one can participate or make informed contributions without the requisite information.

CSJ therefore demands that the Director General of the BOF takes action to upload the assented 2026 federal budget to the website of the Office within 48 hours of this media statement.

This is not a request for a favour. It is a demand for the performance of a
constitutional and statutory duty. If the leadership of the BOF is not ready and willing or not in a position to timely and meticulously perform this duty as they have shown by their previous failures, the option is very clear.

Resignation is the most clear and reasonable option, because no one is entitled to be paid at tax payers expense and occupy a high public position without the willingness, ability and capacity to perform the functions of the
office.

Finally, we demand that the BOF, Minister of Budget and Economic Planning and the Minister of Finance/Coordinating Minister for the Economy urgently hold a 2026 federal
budget briefing, being a tradition set over the years of reforms in fiscal governance to improve transparency and accountability in public finance management.

Mr Onyekpere, a lawyer and civic and economic rights advocate, is Lead Director of CENSOJ, Abuja

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Bassey Udo

Bassey Udo

Bassey Udo is a Journalist, Communication & Media Practitioner PERSONAL DETAILS DATE OF BIRTH: March 3, 1965 GENDER: Male NATIONALITY: Nigerian GSM: +234 802 313 7335; 07032308000 EMAIL: bassey.udo@gmail.com CONTACT ADDRESS: Plot 743 Coral Park Street, Lugbe CRD, Abuja, FCT 900128 A multiple award winning investigative reporter with specialised interest in Business & Economy, Energy & Power, Oil, Gas, Mining & Extractive Industry, Environment & Climate Change, etc. at various times for some of Nigeria’s elite newspapers and magazines, including Post Express, NewsAfrica magazine, Independent, 234NEXT and Premium Times. A member of the Nigerian Guild of Editors (NGE), Nigeria Union of Journalists (NUJ), Nigerian Institute of Public Relations (NIPR) and Society of International Law & Diplomacy (SILD). He is also a distinguished Alumnus of the U.S. International Visitors Leadership Programme (IVLP) 2017.

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