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flag Nigeria's Senate demands a budget report by Oct. 23, delaying 2026–2029 fiscal plans and loan approvals.

flag The Nigerian Senate has given the executive branch until October 23, 2025, to submit a detailed report on the 2024 budget’s performance and 2025 fiscal projections before considering the Medium-Term Expenditure Framework. flag Senate Finance Committee Chairman Sani Musa demanded the data to assess the validity of fiscal assumptions, emphasizing transparency and accountability. flag The delay affects progress on the 2026–2029 MTEF and Fiscal Strategy Paper. flag President Bola Tinubu has also sought legislative approval for a $2.35 billion loan and $500 million sovereign sukuk to address fiscal challenges amid declining oil revenues and economic pressures.

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