2025 budget: Senate, Reps extend capital implementation to December

Jukwaa

🇳🇬 Here's What Happened

The latest decision marks another extension of the lifespan of the 2025 capital budget.

At the Senate, the extension followed the passage of a bill sponsored by the Senate Leader, Opeyemi Bamidele (APC, Ekiti Central), after clause-by-clause consideration by the lawmakers.

The bill seeks to amend the 2025 Appropriation Act and further extend the implementation period of its capital component to enable Ministries, Departments and Agencies to complete ongoing projects and utilise appropriated funds.

📌 Key Details

Moving the bill, Bamidele said the amendment was necessary because the implementation of capital projects under the 2025 Appropriation Act had not reached optimal levels despite the release of funds to MDAs.

In his presentation, Bamidele said he was forwarding “A Bill for an Act to Amend the Appropriations (Repeal & Enactment) Act 2025 to Extend the Implementation of the Capital Aspect of the Appropriations (Repeal & Enactment) Act 2025 from 30th September, 2026 to 31st December, 2026 and for other Related Matters, 2026 (SB. 1067).

“A Bill for an Act to Amend the Appropriations (Repeal & Enactment) Act 2025 to Extend the Implementation of the Capital Aspect of the Appropriations (Repeal & Enactment) Act 2025 from 30th September, 2026 to 31st December, 2026 (SB. 1067).”

At the House of Representatives, members also extended the implementation of the capital component of the 2025 Appropriation Act for the fourth time, moving the deadline from September 30 to December 31, 2026.

The extension was approved during Tuesday’s plenary following a motion moved by the House Leader, Julius Ihonvbere.

The latest extension means the implementation period of the 2025 capital budget, originally due to expire on December 31, 2025, has now been carried over for another full year.

📰 Source: Punch Nigeria

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