The Ministry of Finance plans to spend about N156.2bn on major projects financed through multilateral and bilateral tied loans in the 2026 budget, with digital enterprise development and student housing receiving the largest allocations.
Details of the 2026 Appropriation Bill show that the largest component is N89.3bn allocated to the Investment in Digital and Creative Enterprises programme for the training of entrepreneurs in creativity and digital technology through the African Development Bank.
The government also earmarked another N36bn for the iDICE programme under financing from the Islamic Development Bank.
Combined, the two iDICE allocations amount to N125.3bn, accounting for the bulk of the tied-loan projects captured under the ministry’s headquarters budget.
Another N30.94bn is allocated to the Family Homes Funds housing financing project for student housing.
