Nigerian Government Directs MDAs to Roll Over 70% of 2025 Capital Budget into 2026
The Nigerian Federal Government has instructed MDAs to roll over 70% of their 2025 capital budget into the 2026 fiscal year as part of efforts to complete existing projects and reduce new spending pressures amid tight revenue constraints. This directive, outlined in a circular issued by the Ministry of Budget and National Planning, aims to contain the 2026 budget within existing allocations.
The move is intended to prioritize national security, economy, education, health, agriculture, infrastructure, power, energy, and social safety nets. The circular emphasizes the need to eliminate waste and duplication, warning against exceeding overhead ceilings.
The budget process for 2026 will focus on essential spending to ensure value for money.
Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.
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