ADVERTISEMENT
TechEconomy
Thursday, May 15, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Nigeria’s Budget May Hit N100trn by 2026 – Agbakoba

Nigeria’s Budget May Hit N100trn by 2026 – Agbakoba

Staff Writer by Staff Writer
November 26, 2024
in Finance
0
Dr. Olisa Agbakoba, SAN predicts Nigeria's Budget to hit N100 trillion by 2026
Dr. Olisa Agbakoba, SAN

Dr. Olisa Agbakoba, SAN

RelatedPosts

Africa CEO Forum 2025

Deals Valued at $200 million Sealed at Africa CEO Forum 2025

May 15, 2025

FCMB Capital Markets Leads ₦11.85bn GLNG Bond for LNG Plant Expansion

May 15, 2025

Dr. Olisa Agbakoba, the senior partner, Olisa Agbakoba Legal, has predicted that Nigeria’s annual budget could hit N100 trillion by 2026, adding that the country’s proposed N50 trillion 2025 budget has the potential to unlock a massive N500 trillion revenue by 2030.

The Senior Advocate of Nigeria (SAN) also called on the government to end wastage in governance, institute free primary and secondary education, and provide free healthcare services modelled after the United Kingdom’s (UK) NHS.

In a statement yesterday, Agbakoba said,

“I was not surprised that our national budget has reached N50 trillion for 2025. I predicted this possibility five years ago. We are simply not collecting potential revenue.

“Thanks to two men, the possibility of hitting a N100 trillion budget by 2026 is viable. We are concentrating on the tax side of revenue and ignoring the governance side.

“If the twin effort of tax and governance revenue is escalated, we ought to hit N500 trillion budgets annually by 2030. To do this requires innovation.

“First bureaucratic procedures must give way to practical outcomes. The second is big leadership. Third is easing the hardship in the land by quantitative easing and big-ticket palliatives so that all fees are waived at primary and secondary schools and health care is made free like the NHS in the UK.

“More imaginative palliatives are urgently needed to cushion the impact of the tough correction in progress. I always recommended a department of efficiency innovation and transformation to cut waste.”

According to him, “Donald Trump has appointed Elon Musk to perform this task in the United States. Part of the success of Margaret Thatcher was her Efficiency office. There is far too much waste of government resources in Nigeria that an effective efficiency can cut significantly.

United BANK

“We need to see substantial borrowing to get manufacturing off the ground. There will be no production if we don’t cut waste and consumption.

“I look forward therefore, to a lean government shedding excess weight by the federal government unloading power to states and local governments.

“Government must let go of its unnecessary hold on Education. The decades of underfunding of ASUU may be resolved by making education autonomous from tight government control.

“I believe an effective and efficient government can deliver a good quality of life to Nigerians. Inflation will go down if productivity improves. These steps are easy but require major leadership decisions. The pain all Nigerians feel at present is completely resolvable with new tools applied.” [Source: ThisDay] [Featured Photo Credit]

Loading

United BANK
0Shares

Tags: ASUUBudgetDonald TrumpElon MuskNational BudgetOlisa Agbakoba
Previous Post

Up Your Digital Skills via Newly Launched Mastercard Academy Online Course

Next Post

Meta Hosts its First Youth Summit in Nigeria to Drive Innovation, Empowerment

Staff Writer

Staff Writer

Related Posts

Africa CEO Forum 2025
Finance

Deals Valued at $200 million Sealed at Africa CEO Forum 2025

by Peter Oluka
May 15, 2025
0

Highlights Concluded on May 13 in Abidjan, the AFRICA CEO FORUM 2025 – co-organized by Jeune Afrique Media Group and...

Read more
Ikechukwu Omeruah, MD FCMB Capital Markets Ltd

FCMB Capital Markets Leads ₦11.85bn GLNG Bond for LNG Plant Expansion

May 15, 2025
NESG-Stanbic IBTC BCM

NESG-Stanbic IBTC Business Confidence Monitor Records +12.29 Index in April

May 15, 2025
Ladi Balogun FCMB Group CEO

FCMB Group Posts ₦35bn Q1 Profit as Revenue Surpasses Forecast

May 15, 2025
Retailers Urge EU to Address High Visa, Mastercard Fees Threatening Competitiveness

Retailers Urge EU to Address High Visa, Mastercard Fees Threatening Competitiveness

May 15, 2025
Segun Alebiosu, Ag. CEO, FirstBank, Euromoney | Retail Temporary Overdraft

FirstBank Maintains Retails Dominance with Temporary Overdraft Product

May 15, 2025
Next Post
Meta Youth Summit -

Meta Hosts its First Youth Summit in Nigeria to Drive Innovation, Empowerment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.