Senate extends 2025 budget implementation to December 31
The Nigerian Senate has approved another extension for the implementation of the capital component of the 2025 Appropriation Act to December 31, 2026. Read More: https://punchng.com/senate-extends-2025-budget-implementation-to-december-31/
The Senate has approved another extension of the implementation of the capital component of the 2025 Appropriation Act, moving the deadline from September 30 to December 31, 2026. This extension follows the passage of a bill sponsored by the Senate Leader, Opeyemi Bamidele, which seeks to amend the 2025 Appropriation Act and further extend the implementation period of its capital component.
The decision comes after the previous extensions of the implementation period from March 31 to June 30, 2026, and then to September 30, 2026, to allow the government to complete ongoing capital projects and meet outstanding obligations.
Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.