Breaking: Senate extends 2025 budget implementation to 31st Dec 2026
The Senate has approved yet another extension of the implementation of capital component of the 2025 budget from 30th September, 2026 to 31st December, 2026. The post Breaking: Senate extends 2025 budget implementation…
This is at least the second time lawmakers have pushed back the deadline for spending capital funds under the 2025 Appropriation Act, with the cutoff moving from 30 September 2026 to 31 December 2026. The Senate says the extra time is meant to let ministries, departments and agencies finish capital projects already funded in the budget, pointing to slow project execution rather than a lack of appropriated funds as the underlying problem.
Premium Times frames the extension against President Tinubu's earlier promise on budget timelines, suggesting the repeated delays sit awkwardly with government commitments to faster, more predictable budget implementation.