Capital Expenditure

6 Articles
Economy

Lagos Debunks ₦4.2bn Furniture Claim, Clarifies 2026 Budget Allocation

The Lagos State Ministry of Economic Planning and Budget has dismissed reports alleging that ₦4.2bn was proposed in the 2026 budget for the...

World

MTN Nigeria Posts N5.2tn Revenue In 2025 Reaffirms Role In National Development

MTN Nigeria has reinforced its position as a major driver of the non oil economy after reporting N5.2 trillion in service revenue in...

EconomyMetro

Lagos Assembly Denies Allegations of Budgeting for Abuja Houses for Lawmakers

LAGOS – The Lagos State House of Assembly has strongly refuted claims that it included funds in the 2026 Appropriation Law to purchase...

Economy

FG Proposes N87.31bn Allocation for Aviation Ministry in 2026 Budget, Prioritises Capital Projects

The Federal Government has proposed a total allocation of N87.31bn for the Ministry of Aviation and Aerospace Development and its agencies in the...

Economy

FG Raises NALDA Allocation to N25bn in 2026 Budget to Boost Food Production

The National Agricultural Land Development Authority (NALDA) has received a major funding boost in the 2026 Appropriation Bill, with its total allocation rising...

Economy

Fifteen Nigerian States to Spend Over ₦10tn on Infrastructure in 2026

Fifteen states in Nigeria have collectively earmarked ₦10.7 trillion for capital expenditure in 2026, signaling an ambitious effort to upgrade roads, schools, hospitals,...