Judging Tinubu’s N68.3tn 2026 Budget: Impact Over Size, Says Dele Oye

In an opinion piece published by THISDAYLIVE on November 10, Dele Oye, a former President of the Institute of Chartered Accountants of Nigeria (ICAN), has urged Nigerians to evaluate the proposed 2026 budget presented by presidential candidate Bola Tinubu based on its impact, rather than its size. According to the article, the budget totals N68.3 trillion. Oye emphasized the need for a 40% debt-to-revenue guardrail to be established by 2028 and urged clarity regarding the oil benchmark to prevent confusion. He further noted that election spending could exacerbate the current budget deficit.

Oye’s call for Nigerians to focus on the budget’s impact rather than its size comes as the country grapples with a long history of budget mismanagement and underperformance. With elections scheduled for February 2023, the budget proposals of all major candidates, including Tinubu, are under close scrutiny.