N’Assembly extends 2025 budget for 4th time

Daily Trust | 30-09-2026 10:07am |

The National Assembly has extended the implementation deadline for the capital component of the 2025 Appropriation Act. The deadline was moved from September 30 to December 31, 2026. This is the fourth time lawmakers have prolonged the lifespan of the 2025 capital budget. The Senate Leader, Opeyemi Bamidele, said the extension was necessary to give ministries, departments, and agencies sufficient time to complete capital projects for which funds had been appropriated and released. He noted that factors such as procurement procedures, contract execution, and payment processes could affect timely implementation.

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