Bagudu: Nigeria Must Scale Budget Size, Mobilise Resources for $1trn Economy

THISDAYLIVE | 29-09-2026 04:05am |

Senator Abubakar Bagudu, Minister of Budget and Economic Planning, has called for a fundamental scaling up of Nigeria's national budget to achieve the country's ambition of becoming a $1 trillion economy. He made this call at the 2026 Capacity-building Workshop of the Senate Press Corps in Abuja. Bagudu noted that Brazil's 2025 budget is at least 25 times the size of Nigeria's budget, and attributed alleged illegal insertions to human errors during the process. He also insisted that the National Assembly's appropriation powers must be respected, while Senate President Akpabio and others sought stronger media scrutiny of the budget.

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