2026 budget: Nigerian govt to borrow N2tn monthly to fund wasteful spending – Kalu Aja

[NigerianEye - Nigeria] - 29/01/2026
A financial analyst, Kalu Aja, alleged that the Nigerian government intends to borrow N2 trillion monthly to finance what he described as a “wasteful” 2026 budget. He disclosed this in a statement on X on Wednesday, noting that the N58.47 trillion 2026 budget is currently before the Nigerian Senate. According to Aja, the budget focuses largely on solar streetlights, motorcycles, cash grants, and other wasteful expenditures. “I literally read every page of the 2026 budget. “It’s a wasted opportunity, again. “Just like the 2025 budget, it’s all about solar streetlights, motorcycles, cash (…)
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