Nigeria's Federal Government on Monday set up a high-powered inter-agency committee to harmonise macroeconomic assumptions underpinning national budgeting and economic planning, according to Vanguard. The move aims to eliminate conflicting economic projections produced by Ministries, Departments and Agencies, creating a unified basis for fiscal planning across government bodies.

Vice President Kashim Shettima stated that the Federal Government must maintain open engagement with the business sector, emphasizing that any government that overlooks employers cannot fully grasp the economy. He assured that the federal government is dedicated to reducing obstacles in doing business, according to Vanguard Business.

Nigeria's federal government has stated its commitment to repositioning the country's real estate and built environment sector so it contributes more significantly to Gross Domestic Product. According to ThisDay Live, the Minister announced the determination to boost the sector's economic contribution. Specific measures or targets were not detailed in the available information.

The East African Community (EAC) has outlined its new budget of $110.8 million, focusing on trade, monetary union, and peace. Key priorities include accelerating the East African Monetary Union by harmonizing fiscal and monetary policies, operationalizing the East African Monetary Institute, and integrating regional payment systems.

A lecturer in Lokoja has called on Nigeria's federal government to invest significantly in education, health, and vocational training to prepare the country's youths for the global economy, according to ThisDay Live. The appeal, reported by Ibrahim Oyewale, centres on supporting technological innovation and skills development as key measures to equip young Nigerians to compete internationally. The lecturer argued that such investments are essential for youth readiness in an increasingly technology-driven global economic landscape.

The Federal Government has attributed Nigeria's recurring budget gaps to conflicting macroeconomic forecasts for oil prices, inflation, and exchange rates, according to Punch. Officials said discrepancies between projected and actual figures for these key indicators have disrupted budget planning and implementation. In response, the government has constituted a committee to harmonise the forecasts used in budget preparation, with the aim of improving fiscal accuracy and reducing the shortfalls that have affected federal budgets.