If you need proof that Nigeria has money, just go through the Nigerian 2026 budget and see the list of all the things we’re spending money on.
At some point, I wanted to work in some ministries because they are truly the ones eating a piece of the national cake. 
The 2026 Appropriation Bill outlines a total proposed expenditure of approximately ₦58.47 trillion (58,472,628,944,759) for the fiscal year ending December 31, 2026.
Here are some of the allocations found in the bill that caught our attention.
DOWNLOAD: Full 2026 Nigerian Appropriation Bill Here.
1. Debt Servicing is The Government’s Priority
One of the most significant figures in the budget is the Debt Service/Sinking Fund, which at ₦15.9 trillion is larger than the entire Recurrent Non-Debt Expenditure (₦15.25 trillion). Domestic debt servicing alone accounts for over ₦10.1 trillion and debt financing has ₦23 trillion allocated to it (23, 035,240,017,989)
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2. Contractors Get Trillions
Under “Capital Supplementation”, there are several massive lump-sum provisions, and the most shocking is the amount for outstanding contractors.
- Provision for 2024 Outstanding Contractor’s Liabilities: ₦1.7 trillion.
- Arrears due to minimum wage-related adjustments: ₦845 billion. For arrears of minimum wages. Does that mean government workers might be smiling all the way to the bank?
- National Home Grown School Feeding Programme (NHGSFP): ₦100 billion for feeding the children, but will they eventually get anything? We’ll be watching.
3. INEC Gets A Trillion, and the Presidential Fleet Will Be Sitting on Billions
- Independent National Electoral Commission (INEC): The body in charge of our elections is allocated over ₦1 trillion as a statutory transfer. Hopefully, they are able to deliver a free and fair election.
- Presidential Air Fleet & National Forest Guard: Combined logistics and management for these items is allocated ₦283.85 billion. It should be noted that Nigeria already has 10 planes in its presidential fleet.
FIRS Building: ₦50 billion is allocated for the Federal Inland Revenue Service building. They deserve it after taxing the living daylights out of Nigerians.
The bill includes a specific provision (Section 4) requiring that healthcare investment must not be less than 6% of the total budget size (after subtracting debt service and certain liabilities), but after that subtraction, what’s really left?.
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