Politics
National Assembly panel questions oil revenue assumptions in 2026 spending plan
Lawmakers want clearer production targets and stronger safeguards around remittances from major agencies.
Sodiq Adeyemi5 min read
A National Assembly committee has raised fresh questions about oil revenue assumptions embedded in the 2026 spending framework.
Members argued that production estimates must be backed by credible security, infrastructure and metering plans.
Fiscal experts say the scrutiny reflects broader concern that ambitious revenue forecasts can undermine budget credibility.
The finance ministry is expected to submit additional documents before the next hearing.
