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Senate Passes MTEF/FSP, Says 2026 Budget To Be Presented This Week

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The Senate has passed the 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper, indicating President Bola Tinubu is expected to present the 2026 Appropriation bill of N54.4 trillion this week.

Senate President Godswill Akpabio, announced the passage on Tuesday following the consideration and debate on the report presented by the Chairman of the Senate Committee on Finance, Sani Musa.

Akpabio described the MTEF as a prerequisite for the presentation of the national budget, underpinning that the document does not represent a final position of the legislature.

“The Medium-Term Expenditure Framework is only a prerequisite before the presentation of the budget. What we are discussing here is not a finality. If circumstances change, it will be brought back to us to rejig, react or act,” the former governor of Akwa Ibom said.

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Senator Akpabio explained that the passage of the MTEF would enable the National Assembly to receive the 2026 budget proposal between now and Thursday.

According to him, the framework is not cast in stone, as reviews can still be made when the budget is formally laid before the Senate.

He expressed hope that the projections contained in the framework would be realistic enough to support the effective implementation of the Renewed Hope Agenda.

During a brief debate, Senator Mohammed Monguno noted that the MTEF clearly outlined key fiscal parameters, describing them as realistic.

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Monguno cited the projected daily crude oil production benchmark of 1.84 million barrels per day as achievable, and the reduction of the oil price benchmark projection to 60 dollars from 64 dollars per barrel as circumspect, given current realities.

Following the deliberations, the Senate adopted the recommendations contained in the MTEF/FSP report through a voice vote.

On Thursday, the upper chamber received the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper from President Tinubu, signalling the launch of the 2026 budget cycle.

In a letter addressed to the lawmakers, Tinubu said the submission complies with statutory requirements and sets out the fiscal parameters that will guide the preparation of the 2026 Appropriation Bill.

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President Tinubu explained that the MTEF/FSP outlines the macroeconomic assumptions, revenue projections, and spending priorities that will shape Nigeria’s fiscal direction over the next three years.

The Deputy President of the Senate, Barau Jibrin (APC, Kano North), who read Tinubu’s letter during plenary, urged the lawmakers to expedite consideration of the document.

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Disclaimer: NDLEA alerts public on fraudulent auction offers impersonating officials

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The National Drug Law Enforcement Agency (NDLEA) has drawn attention to a fraudulent scheme orchestrated by criminal elements and scammers targeting unsuspecting members of the public.

The fraudsters have been found using the names of top NDLEA officials, most notably the Secretary to the Agency, Barrister Shadrach Haruna, to issue fake private letters and messages offering cheap forfeited vehicles for sale on auction.

The public is hereby notified that these offers are a complete scam. The Agency wishes to categorically state that these fraudulent offers are a malicious gimmick designed solely to defraud targeted individuals of their hard-earned money.

No official of the Agency has the mandate to privately offer, allocate, or sell forfeited vehicles or any other seized assets to individuals. Vehicles and other assets forfeited as proceeds of drug crimes are strictly auctioned through public processes managed by appointed, government-registered auctioneers. Any legitimate auction exercise is widely publicized in national dailies and through the Agency’s official channels, in line with established legal and public procurement guidelines.

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Members of the public are strongly urged to discountenance, ignore, and report any such private letters, text messages, or social media offers claiming to originate from Barrister Shadrach Haruna or any other NDLEA official.

The NDLEA remains committed to maintaining transparency and integrity in all its operations. Do not fall victim to these criminal elements. If you are approached with such fraudulent offers, please report immediately to the nearest NDLEA command or via our official communication channels.

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2027 reggae dance: New ADC presidential candidate emerges

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By Kayode Sanni-Arewa

A faction of the African Democratic Congress (ADC) led by Nafiu Gombe has picked Professor Chris Uba as its presidential candidate for the 2027 general election.

The party disowned former Vice President Atiku Abubakar as its flag bearer.

The group said the party had already completed its presidential nomination process in line with its constitution and the Electoral Act, adding that Uba emerged as the recognized candidate after all required procedures were concluded.

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The faction also disowned the National Working Committee headed by former Senate President David Mark, saying it has no constitutional or legal authority to act on behalf of the party.

It maintained that the recognized leadership of the ADC remains in charge of the party’s affairs.

According to the statement released on Wednesday, the clarification became necessary to stop attempts to create confusion about the party’s position ahead of the 2027 general elections.

The group said the ADC had not entered into any alliance, merger or coalition with any political party.

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added that the party remains independent and intends to contest the elections with its own structure, manifesto and leadership.

The faction said it believes Uba has the experience, character and capacity to lead the country if elected in 2027.

It also warned Atiku against presenting himself as the ADC’s presidential candidate, saying such a claim is false and could mislead party members and the public.

The group added that the ADC would not allow its platform to be used by politicians pursuing personal ambitions or by coalition groups seeking to take over the party’s structure.

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It said every constitutional and legal step would be taken to protect the party from what it described as unauthorised use of its name and platform.

The faction also dismissed reports suggesting that there were plans to stop the ADC from participating in the 2027 elections, expressing confidence in the Independent National Electoral Commission and the country’s electoral process.

It said the party is preparing to present candidates for the presidency, governorships, National Assembly, state assemblies and local government elections across the country.

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ANGER: Three Brothers Face Murder Charge for Beating man to death for dating Their Mom

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Three brothers have appeared before the Mbabane Magistrates Court in Swaziland on a murder charge following the brutal de@th of their mother’s boyfriend.

The accused, Mlondi Mbuli, 25, Sakhelwe Mbuli, 18, and Lindani Mdziniso, 23, all from the Hholoshini area in Eswatini’s Hhohho Region, are alleged to have fatally assaulted Njabulo Ngwenya on June 28, 2026.

According to police, the brothers att@cked Ngwenya with bricks, stones, sticks, open hands, and kicks to different parts of his body. Investigators allege the assa¥lt was motivated by the brothers’ belief that Ngwenya was having a relationship with their biological mother.

Court records state that the incident was reported after Sibongile Motsa, also from Hholoshini, informed police that she discovered her son, Njabulo Ngwenya, lying deed inside her sister’s house at about 1 a.m. on June 28, 2026.

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The matter came before Principal Magistrate Sfiso Vilakati during the trio’s initial court appearance.

The three defendants have been remanded in custody until July 10, 2026, pending committal of the case to the High Court for further proceedings.

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