Tinubu Extends 2025 Budget Implementation to December 2026
On September 30, 2026, President Bola Ahmed Tinubu assented to the Appropriation (Amendment) (No.4) Bill, 2025, which extends the implementation of the 2025 budget from September 30 to December 31, 2026. This decision allows Ministries, Departments, and Agencies more time to complete ongoing capital projects and ensure full utilization of appropriated funds.
This extension contradicts Tinubu's earlier commitment made in December 2025 to terminate the practice of running multiple budgets by March 31, 2026, and to begin operating on a single budget backed by a single revenue cycle from April 2026. The administration had previously identified overlapping appropriations as a significant issue undermining governance and economic planning.
The extension is not the first adjustment to the 2025 budget timeline, as earlier in 2026, the capital component's implementation period was also extended to complete critical infrastructure projects.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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