FG INCREASES 2026 BORROWING PLAN TO N29.20 TRILLION
April 07, 2026
The Federal Government has increased its planned borrowing for 2026 to N29.20 trillion following an expansion in the proposed budget size and fiscal deficit, according to official documents reviewed by Nairametrics.
The new borrowing figure represents an increase of N11.31 trillion compared to the earlier projection of N17.89 trillion contained in the 2026 Abridged Budget Call Circular issued in December 2025.
The updated estimate is captured in the 2026 Appropriation Bill approved by the National Assembly and detailed in the House of Representatives’ Order Paper dated March 31, 2026.
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