The Director-General of the Association of Enterprise Risk Management Professionals (AERMP), Olayinka Odutola, says President Bola Tinubu’s assent to the 2026 Appropriation Bill reflects an expansionary fiscal stance but raises sustainability concerns. Odutola told reporters on Sunday in Lagos that the N68.32 trillion budget underscores inflation-driven expansion, rising debt service obligations, and the government’s intent to stimulate growth through spending. He noted that while the scale could boost economic activity, it also increases fiscal pressure amid Nigeria’s constrained revenue base. “From a risk perspective, fiscal sustainability is the key concern. If revenue mobilisation, especially non-oil revenue, does not keep pace,…
Trending
- Okedeyi calls for more investment in climate physics
- FG reschedules Nigeria’s return from South Africa
- Association urges house to reject sugar beverage tax bill
- Naira holds firm against Pound, opens at N1,823/£1
- Expert warns of rabies risk from unvaccinated stray dogs
- FAO highlights data’s role in ensuring food safety
- Karibi-George wins Miss world Nigeria 2026
- Cui wins boys’ singles at 2026 NASCO/ITF J30 junior tennis in Abuja
