Tinubu Seeks National Assembly Approval to Extend 2025 Budget for Fiscal Discipline

Nigerian politician Tinubu has formally requested the National Assembly to extend the lifespan of the 2025 budget to March 2026. The request aims to consolidate the capital components of the 2024 and 2025 budgets for enhanced fiscal discipline.

The letter, presented during a plenary session, seeks legislative approval to align with broader fiscal reform measures. Tinubu clarified the rationale behind the extension, emphasizing the need for the current practice of multiple concurrent budget runs to end promptly.