The 2026 federal budget is eleven times the 2016 budget, in naira
Total spending in each year's Appropriation Act as signed by the President, 2016 to 2026.
The 2026 Appropriation Act provides for ₦68.32 trillion of federal spending. The 2016 Act provided for ₦6.06 trillion. These are amounts in naira of each year, not adjusted for inflation or for the fall in the naira’s value.
Source: Budget Office of the Federation (2026); signing announcements reported by Channels Television, ThisDay, Daily Trust and others (2016 to 2025). Each figure is the main Act as first signed. Supplementary budgets and later amendments are not included.
Show the figures
| Year | ₦ trillion |
|---|---|
| 2016 | 6.06 |
| 2017 | 7.44 |
| 2018 | 9.12 |
| 2019 | 8.92 |
| 2020 | 10.59 |
| 2021 | 13.59 |
| 2022 | 17.13 |
| 2023 | 21.83 |
| 2024 | 28.70 |
| 2025 | 54.99 |
| 2026 | 68.32 |
Several of these budgets were changed after they were signed. The 2020 budget was revised to ₦10.81 trillion after the COVID-19 pandemic. Supplementary budgets were added in 2021 (₦982.7 billion) and 2023 (₦2.18 trillion). The 2022 Act was re-enacted at ₦17.32 trillion. The 2024 Act was amended to ₦35.05 trillion in July 2024, and in December 2025 the 2024 and 2025 Acts were repealed and re-enacted at ₦43.56 trillion and ₦48.32 trillion.