An interactive session is currently underway between the Senate Committee on Finance and key Ministries, Departments and Agencies (MDAs) on the 2026–2028 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
The three-year economic framework is in line with the Fiscal Responsibility Act.
Speaking at the session, the Minister of Finance, Wale Edun, disclosed that funding is available for the 2024 capital projects, while about 30 percent of the 2025 capital component has also been secured.
He further informed the committee that circulars have been issued to MDAs on the Federal Government’s 2026 revenue optimisation programme, which places emphasis on automation and technology, mandating that all payments be processed through digital platforms.
