President Bola Ahmed Tinubu of Nigeria has officially approved the Appropriation (Amendment) (No. 4) Bill, 2025, extending the deadline for carrying out the 2025 Appropriation Act from September 30, 2026, to December 31, 2026. This move aims to enable Ministries, Departments, and Agencies (MDAs) to complete their ongoing capital projects. The President signed the bill after the Senate and the House of Representatives passed it on Tuesday, September 29, 2026.
According to a statement released by Bayo Onanuga, Special Adviser to the President on Information and Strategy, the extension will ensure that funds already allocated are fully utilized for the benefit of Nigerians without disrupting important government programs. This decision demonstrates the collaboration between the Executive and Legislature for the country's good. Onanuga also mentioned that the President commended the leadership and members of the National Assembly for their prompt consideration and passage of the bill.
The extension of the 2025 budget deadline is expected to have a positive impact on the implementation of various government projects. By allowing MDAs to complete their ongoing capital projects, the government can ensure that allocated funds are used effectively. This move also reflects the government's commitment to ensuring that important programs are not interrupted due to budget constraints.
The Appropriation (Amendment) (No. 4) Bill, 2025, was passed by the Senate and the House of Representatives on September 29, 2026. The bill was subsequently signed into law by President Tinubu, enabling the government to extend the budget deadline. This development has been seen as a positive step towards ensuring the smooth implementation of government projects.
The President's decision to sign the bill into law has been welcomed by various stakeholders. The extension of the budget deadline is expected to provide relief to MDAs that were facing challenges in completing their projects within the original deadline. By extending the deadline to December 31, 2026, the government can ensure that projects are completed and funds are utilized effectively.
The collaboration between the Executive and Legislature on this bill demonstrates the commitment of both arms of government to work together for the country's benefit. The President's commendation of the National Assembly's leadership and members reflects the importance of this collaboration in achieving the country's goals. The extension of the budget deadline is a significant development in Nigeria's governance landscape.
The implementation of the 2025 budget has been a significant focus for the Tinubu administration. The extension of the deadline is expected to have a positive impact on the country's economic development. With the new deadline in place, MDAs can now focus on completing their projects and utilizing allocated funds effectively.
Key points
- President Bola Ahmed Tinubu has signed a bill extending the 2025 budget deadline to December 31, 2026.
- The extension aims to enable Ministries, Departments, and Agencies to complete ongoing capital projects.
- The move demonstrates collaboration between the Executive and Legislature for Nigeria's benefit.
