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Africa

Tinubu approves extension of 2025 budget implementation to December 2026

Source: Punch Nigeria · 30 Sep 2026, 19:27 UTC
Tinubu approves extension of 2025 budget implementation to December 2026
Image: Punch Nigeria · original report

President Bola Tinubu has signed an amendment extending implementation of Nigeria’s 2025 budget by three months, from September 30 to December 31, 2026. The presidency said the change would give ministries and agencies additional time to complete capital projects and fully use funds already approved by lawmakers.

President Bola Tinubu has signed the Appropriation (Amendment) (No. 4) Bill, 2025, extending the implementation period of Nigeria’s 2025 budget to December 31, 2026. The amendment changes the previous deadline of September 30, 2026.

It was passed by the Senate and the House of Representatives on Tuesday, September 29, before being sent to the president for assent. Bayo Onanuga, the president’s Special Adviser on Information and Strategy, announced the signing in a statement issued on Wednesday. He said the extension would provide Ministries, Departments and Agencies with more time to complete ongoing capital projects.

According to the statement, the measure is intended to ensure that appropriated funds are fully utilised without interrupting critical government programmes. It did not identify specific projects or provide details of the amounts affected by the extension. The presidency said the amendment would allow the Federal Government to continue implementing the 2025 budget beyond the earlier deadline.

The new arrangement will remain in effect until the end of December 2026. Tinubu commended the National Assembly for what the statement described as its prompt consideration of the bill. He said the process reflected continued cooperation between the executive and legislative branches in the national interest.

The extension means ministries and agencies will have an additional three months under the amended timetable to continue spending against the 2025 appropriation and progress with capital works already under way. The source material did not state whether any further budget changes were included in the legislation.

About this report
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.
View the original source at Punch Nigeria →