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
- Abia launches CyTrack app to track high-risk pregnancies
- Nasarawa to build major trauma centre in Akwanga
- Expert urges researchers to adopt frugal innovation
- Rorau community launches savings scheme for health emergencies
- Nasarawa builds flyover at Keffi to curb deadly crashes
- Kano begins using ISS data for PHC planning
- NPC: Birth registration reaches over 14.5m children
- Lagos needs larger infrastructure budget – Hamzat
