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Nigerian National Assembly extends 2025 capital budget deadline
The Nigerian Senate and House of Representatives have approved an extension for the implementation of the capital component of the 2025 Appropriation Act. The new deadline is set for December 31, 2026, moving it from the previous expiration date of September 30, 2026.
This marks the fourth time the National Assembly has extended the implementation period for this specific budget cycle. Lawmakers stated the extension is necessary to prevent the abandonment of ongoing infrastructure and development projects and to allow ministries, departments, and agencies (MDAs) sufficient time to complete works for which funds have already been appropriated and released.
During the debates, officials cited economic difficulties and administrative bottlenecks, such as the centralized payment system, as factors contributing to the delays. While the extension aims to ensure project completion, some analysts and lawmakers have expressed concern over the repeated practice of extending budget lifespans, noting that previous administration promises to end overlapping budget cycles have not been met.
Entities
Bola Tinubu · House of Representatives · Julius Ihonvbere · National Assembly of Nigeria · Nigerian Senate · Opeyemi Bamidele · Senate of Nigeria
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] This marks the fourth time the implementation period for the 2025 capital budget has been extended. www.naijanews.com · tribuneonlineng.com
- [● 2 SOURCES] The extension is necessary due to economic difficulties slowing the implementation of the 2025 capital budget. www.naijanews.com · tribuneonlineng.com
- [● 3 SOURCES] The implementation deadline for the 2025 budget capital component has been extended to December 31, 2026. businesselitesafrica.com · www.naijanews.com · tribuneonlineng.com
- [○ 1 SOURCE] The extension aims to prevent the abandonment of critical national projects and funded capital works currently in progress. businesselitesafrica.com
- [● 2 SOURCES] Economic difficulties have slowed the full implementation of the 2025 capital budget. www.naijanews.com · tribuneonlineng.com
- [● 2 SOURCES] This is the fourth time the implementation period for the 2025 capital budget has been extended. www.naijanews.com · tribuneonlineng.com
- [○ 1 SOURCE] The extension aims to prevent critical national projects from being abandoned due to the expiration of the fiscal window. businesselitesafrica.com