Senate extends 2025 budget implementation to December 31

The Senate has approved an extension of the implementation of the capital component of the 2025 Appropriation Act, moving the deadline from September 30 to December 31, 2026. This decision was made after the passage of a bill sponsored by the Senate Leader, Opeyemi Bamidele (APC, Ekiti Central), which aims to amend the 2025 Appropriation Act and extend the implementation period to allow Ministries, Departments and Agencies to complete ongoing projects and utilize appropriated funds.

This marks another extension of the lifespan of the 2025 capital budget, following previous extensions in March 2026 and September 2026.

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