HomeBusinessSenate extends implementation of 2025 budget to September 30

Senate extends implementation of 2025 budget to September 30

The Senate on Thursday extended the implementation period of the capital component of the 2025 Appropriation Act from June 30 to September 30, citing the need to complete ongoing projects and ensure the efficient utilisation of released funds.

The resolution followed the adoption of a motion moved by the Senate Chief Whip and considered by lawmakers after a closed-door session.

The extension, however, appears to contradict assurances given by President Bola Tinubu and the leadership of the National Assembly that the practice of running multiple budgets concurrently would come to an end.

While presenting the 2026 Appropriation Bill to a joint session of the National Assembly in December, Tinubu had acknowledged that operating several budgets simultaneously had created implementation challenges and pledged that all outstanding budgets would be fully implemented by March 31, 2026.

Similarly, Senate President Godswill Akpabio had assured Nigerians that the National Assembly would pass the 2026

This post was originally published on this site.

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