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2025 budget

President Bola Ahmed Tinubu has signed the Appropriation (Amendment) (No.4) Bill, 2025, extending the implementation period of the 2025 budget to December 31, 2026.

The extension moves the deadline from September 30, 2026, giving Ministries, Departments and Agencies additional time to execute ongoing programmes and complete capital projects contained in the appropriation.

The Presidency announced the development on Wednesday, following the passage of the amendment by both chambers of the National Assembly on Tuesday, September 29.

According to the State House, the extension is intended to allow government agencies to fully utilise funds already appropriated for approved projects and programmes without disrupting critical activities.

The development effectively gives the 2025 budget an additional three months beyond the earlier implementation deadline.

President Tinubu commended the leadership and members of the National Assembly for what the Presidency described as the prompt consideration and passage of the amendment.

The extension also comes at a period when government agencies are working to complete several capital projects and implement programmes across sectors.

Under the amended law, agencies that had yet to fully execute approved projects will have until the end of December to continue implementation within the provisions of the appropriation.

The Presidency said the move would ensure that funds already approved by the National Assembly are put to work for Nigerians.

The extension follows previous adjustments to the implementation period of the 2025 appropriation, reflecting the government’s effort to align budget execution with the realities of ongoing projects.

The State House said the amendment also demonstrated cooperation between the executive and legislative arms of government in advancing national programmes.

Budget implementation remains a major component of the Federal Government’s economic programme, particularly as authorities seek to maintain spending on infrastructure, social programmes and other development priorities.

The additional implementation window is expected to be particularly relevant to ministries and agencies handling projects that require more time to reach completion.

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Government agencies are now expected to utilise the extended period to accelerate implementation and ensure that appropriated resources translate into completed projects and services.

The decision also places renewed attention on monitoring and accountability in the use of public funds as agencies work within the extended deadline.

With the new deadline set for December 31, 2026, ministries and agencies have three additional months to conclude eligible activities under the 2025 budget.

The development was announced on the eve of Nigeria’s 66th Independence Anniversary, with the government continuing preparations for the implementation of the 2026 fiscal programme alongside the extended 2025 appropriation.