Senate Extends 2025 Capital Budget Implementation for Fourth Time, Moves Deadline to December 31
• Senator blames centralised payment system for slow execution •Says policy now ‘cork in the wheel’ of budget implementation •Tinubu seeks passage of NDDC’s 2026 appropriation bill Sunday Aborisade in
For the fourth consecutive extension, the Senate yesterday pushed back the implementation deadline of the 2025 capital budget from September 30 to December 31, 2026. The measure aims to prevent project abandonment and ensure funds are effectively utilized. Senate Leader Opeyemi Bamidele explained that capital budget implementation involves multiple stages, and the extension would allow ministries, departments, and agencies (MDAs) more time to complete projects and process outstanding payments.
However, Chief Whip Tahir Mongunno criticized the centralised payment system, calling for its review to avoid repeated requests for extension periods.
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