Nigeria, Dec. 11 -- President Bola Tinubu has asked the Senate to approve the 2026-2028 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), projecting that the federal government will generate N34.33 trillion in revenue in 2026.

The president's request was contained in a letter read by the Deputy Senate President, Barau Jibrin, who presided over the plenary on Thursday.

The MTEF outlines the federal government's three-year spending plan and revenue expectations and serves as the foundation on which the national budget is prepared.

Although the letter did not provide full details of the plan, it noted that the Federal Executive Council (FEC) had approved the framework on 3 December. The approved proposal sets a rev...