President Bola Tinubu has asked the national assembly to approve the 2026-2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
Barau Jibrin, deputy senate president, read Tinubu’s letter during plenary in the senate on Thursday.
Tinubu said he transmitted the documents “for the kind consideration and approval of the distinguished senators”.
He said the 2026-2028 MTEF and FSP were approved at the federal executive council (FEC) meeting of December 3, 2025.
The president said the 2026 budget will be prepared based on the fiscal assumptions and parameters contained in the approved MTEF and FSP.
He asked lawmakers for “expeditious legislative action” on the submission.
The deputy senate president referred the documents to the committee on finance and asked the committee to report back to the senate on December 17.
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