Reps extend 2025 capital budget again

The House of Representatives has extended the implementation period of the capital component of the 2025 Appropriation Act for another three months, moving the deadline from September 30, 2026, to December 31, 2026.

The extension followed an executive request submitted to the National Assembly by President Bola Tinubu, seeking additional time for ministries, departments and agencies (MDAs) to complete ongoing infrastructure projects and other capital expenditures captured in the 2025 budget.

The lawmakers approved the amendment bill through accelerated readings during plenary, saying the decision was aimed at preventing the abandonment of critical projects across the country due to funding and implementation challenges.

The latest extension marks another adjustment to the timeline for implementing the capital aspect of the 2025 budget.

The National Assembly had earlier moved the deadline from December 31, 2025, to March 31, 2026. It was later extended to June 30, 2026, and subsequently to September 30, 2026, before the latest approval pushed it to the end of December.

With the fresh extension, federal government agencies will now have until December 31, 2026, to execute capital projects and utilise funds allocated under the 2025 fiscal framework.

The lawmakers said the decision would allow ongoing projects to be completed rather than abandoned because of delays in implementation.

The extension comes as the Federal Government continues efforts to accelerate infrastructure delivery and ensure that budgetary allocations translate into completed projects across sectors.

Leave a Reply

Your email address will not be published. Required fields are marked *