President Bola Tinubu will present the 2027 budget to the National Assembly before the end of the year, the Minister of State for Budget and Economic Planning, Dr Doris Anite-Uzoka, said on Wednesday.
She disclosed this while briefing State House correspondents after the Federal Executive Council meeting presided over by Tinubu at the Council Chamber of the State House, Abuja.
“We are working on the budget for 2027, and the intention is to present it before the end of the year,” she said when asked when the budget would be presented.
The disclosure comes weeks after the Budget Office of the Federation, in a Personnel Costs Budget Call Circular dated September 4, 2026 and signed by Director-General Tanimu Yakubu, directed all ministries, departments, and agencies to submit their 2027 personnel cost proposals, along with their establishment Acts, by September 18, 2026.
The circular made it compulsory for MDAs to attach establishment Acts to their budget proposals, a new requirement introduced in the wake of scandals over fictitious agencies uncovered by the Independent Corrupt Practices and Other Related Offences Commission.
Agencies not captured on the Integrated Payroll and Personnel Information System or the Government Integrated Financial Management Information System were also barred from receiving personnel cost provisions in the 2027 budget.
In her briefing, Anite-Uzoka said the council had congratulated President Tinubu on successfully hosting the 32nd Nigerian Economic Summit, held in Abuja from October 26 to 28.
Vice President Kashim Shettima represented the President at the summit, co-convened by the Ministry of Budget and Economic Planning and the Nigerian Economic Summit Group as a public-private sector dialogue platform.
She said participants at the summit had acknowledged the achievements of the Renewed Hope Agenda and called for continuity of its programmes.
“The summit also gave us the opportunity to present the National Development Plan 2026 to 2030, which was well received and endorsed by the private sector,” she said, describing the plan as a statutory document that lays out the framework for achieving a $1tn economy through job creation, productivity, and shared prosperity.
The minister also announced that the council approved two major documents, including the Revised National Policy on Food and Nutrition in Nigeria 2026 and the National Nutrition Bill 2026.
She said both documents were developed through a collaborative effort involving the Office of the Vice President; the ministries of Budget and Economic Planning, Agriculture, Livestock, Education, and Health; the National Assembly; the private sector; and development partners.
“It provides the legal framework for governance, coordination, and implementation of food and nutrition programmes in Nigeria to improve the nutritional status and well-being of all Nigerians. It also helps us to institutionalise sustainable financing for food and nutrition programmes nationwide, and to strengthen multi-sectoral coordination, collaboration, implementation, and accountability,” she explained.
Anite-Uzoka said both documents were designed to advance human capital development and, specifically, to reduce the rate of child stunting in Nigeria, a target she described as central to the Renewed Hope Agenda’s health commitments. The National Nutrition Bill 2026, being an executive bill, will now be transmitted to the National Assembly for review.
Also briefing correspondents, the Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, announced that Nigeria had won the bid to host both the CANEX Weekend 2026 and the Intra-African Trade Fair 2027, the largest trade fair on the continent, following presidential approval of the bid in November 2024.
The Intra-African Trade Fair is convened by the African Export-Import Bank in partnership with the African Union Commission and the African Continental Free Trade Area Secretariat.
Oduwole said the CANEX Weekend, a cultural nexus event covering the creative economy, would take place from November 5 to 8, 2026, at the Wole Soyinka Centre for Culture and Creative Arts in Lagos, with an expected turnout of about 10,000 guests.
“It covers the creative economy across about seven verticals, from gastronomy and food, fashion, film, performance art, to technology innovation, all the verticals where Mr President has said our youth have a competitive advantage,” she said.
She said the events were also tied to Nigeria’s revised focus on non-oil exports and its strategy to leverage the African Continental Free Trade Area, which she said had delivered record-breaking growth for the Nigerian economy.
“It is an opportunity to connect. It is an opportunity to do deals,” Oduwole said, inviting Nigerians across the country to attend the Lagos events, CANEX from November 5 to 8, 2026, and the IATF from November 5 to 11, 2027.