Stay Tuned!

Subscribe to our newsletter to get our newest articles instantly!

News

Reps Extend 2025 Capital Budget Implementation Deadline to December 31

The House of Representatives has approved the extension of the implementation deadline for the capital component of the 2025 Appropriation Act from September 30 to December 31, 2026.

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

Ihonvbere said the capital component of the 2025 budget had not been fully implemented due to prevailing economic difficulties.

Following the motion, lawmakers fast-tracked consideration of the bill, taking it through first, second and third readings during the same sitting.

The latest extension marks the fourth time the National Assembly has adjusted the deadline for implementing the 2025 capital budget.

On December 23, 2025, lawmakers extended the deadline by three months to March 31, 2026, after repealing and re-enacting the 2024 and 2025 Appropriation Acts.

On March 31, the Senate and House of Representatives further extended the deadline from March 31 to June 30.

The National Assembly again extended the deadline on June 15, moving it from June 30 to September 30.

During the June extension, Senate Leader Opeyemi Bamidele said the execution of capital projects under the 2025 Appropriation Act had not reached an optimal level.

Mercy Omotosho

About Author

Leave a comment

Your email address will not be published.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

You may also like

Foreign News News

Police Arrest Murder Suspect In Lagos, Recover Exhibits

  • February 10, 2025
Police Arrest Murder Suspect In Lagos, Recover Exhibits The spokesman of the Nigeria Police Force (NPF) Muyiwa Adejobi said Okeke
Foreign News News

Falana Sues Meta, Seeks $5m For Invasion Of Privacy

  • February 10, 2025
Falana, through his lawyer, Olumide Babalola, accused Meta of publishing motion images and voice captioned, “AfriCare Health Center,” on their