Nigeria, Dec. 10 -- President Bola Tinubu has forwarded the 2026-2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly for approval, a foundational step in the 2026 budget process.

The document was contained in a letter from the president and read by Deputy Speaker Benjamin Kalu during Wednesday's plenary.

It was titled "Submission of the Federal Government of Nigeria's 2026-2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper."

President Tinubu explained that the MTEF and FSP were approved by the Federal Executive Council on 3 December, and urged lawmakers to expedite legislative action as the 2026 budget will be prepared on their basis.

After reading the letter, Mr Kalu re...