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Senate approves 2026-2028 MTEF/FSP with new borrowing plan of ₦17.88trn

December 16, 2025 at 06:29 PM

‎The Senate has approved the 2025-2027 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP). ‎ ‎The upper chamber approved the expenditure framework with a total spending of ₦54.46 trillion and a new borrowing plan of ₦17.88 trillion which constitutes both domestic and foreign borrowings. ‎ ‎Under the approved framework, projected revenue...

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