Tinubu Approves Extended Budget Implementation to 2026

On October 1, President Bola Tinubu signed the amended 2025 Appropriation Bill into law, extending the budget's implementation period from September 30 to December 31, 2026. This decision followed the passage of the Appropriation (Amendment) (No. 4) Bill, 2025, by both the Senate and House of Representatives on the preceding Tuesday.

The extension grants Ministries, Departments, and Agencies (MDAs) an additional three months to implement capital projects and programs outlined in the 2025 budget. Bayo Onanuga, the Special Adviser to the President on Information and Strategy, announced the President's assent in a statement released on Wednesday.

Onanuga emphasized that the extension would facilitate the completion of ongoing capital projects and ensure that already appropriated funds are effectively utilized for initiatives aimed at benefiting Nigerians. The Presidency also praised the National Assembly's leadership and members for their swift action in passing the amendment, highlighting it as a sign of cooperation between the Executive and Legislature.