Nigeria Faces Self-Inflicted Economic Strain Over Overambitious Budget

Story: written by Joseph December 21,2025
Experts have warned that Nigeria’s increasingly ambitious national budget is pushing the country toward a self-created economic crisis. Analysts say that unrealistic revenue projections, combined with rising expenditure commitments, are placing undue pressure on the nation’s finances.

The concerns highlight how overestimation of government income and underestimation of expenses could lead to mounting deficits, inflationary pressures, and reduced public service delivery. Critics argue that the current approach risks deepening fiscal instability and undermining long-term economic growth.

Observers stress that careful budgeting, realistic revenue forecasting, and disciplined spending are essential to avoid turning policy decisions into a self-imposed economic challenge. Without adjustments, Nigeria could face heightened debt servicing costs and reduced capacity to fund critical sectors, leaving the country vulnerable to financial strain.