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
- TELA maize to boost food security – Expert
- FG presents advanced ambulance to UBTH
- Ododo meets late Gov Audu’s son, seeks stronger APC unity in Kogi
- Agencies launch rescue after Kaduna flash flood
- FG appoints Awe as Pro-Chancellor and Chairman, FUTA Governing Council
- IMAN calls for urgent geriatric healthcare reforms
- Tinubu reforms restoring business confidence – Presidency
- NiMet forecasts 3 days of mixed weather, thunderstorms across Nigeria
