Nigeria: 2026 Appropriation Bill – Senate Defends Borrowing to Fund N25.91trn Deficit, Pushes Power Subsidy Exit

[This Day] The Senate yesterday rose in strong defence of the federal government's continued resort to borrowing, declaring that deficit financing remains inevitable to fund the proposed N58.47 trillion 2026 Appropriation Bill, which carries a deficit of about N25.91 trillion amid persistent revenue constraints and vast development needs.

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