NASS Urges Withdrawal of Contract Circulars Amid 2025 Budget Delay

The National Assembly in Nigeria has demanded the withdrawal of contract circulars related to the 2025 budget due to delayed capital releases. The move comes as a significant step that could impact the budget implementation, with concerns raised over the delay in executing the capital budget.

The parliament highlighted the need to streamline the commencement of capital projects for the fiscal year 2025 to ensure timely execution. The resolution, jointly adopted by the Appropriations Committees of the Senate and the House of Representatives, emphasized the importance of issuing spending authority promptly to kickstart capital projects.