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Senate Extends 2025 Capital Budget Implementation to September
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Senate on Thursday approved a fresh three-month extension of the implementation period for the capital component of the 2025 Appropriation Act. It shifted the deadline from June 30, 2026, to September 30, 2026, in a move aimed at salvaging ongoing projects and enabling ministries, departments and agencies (MDAs) to fully utilise funds already released by the federal government.
The decision, which followed the adoption of a motion sponsored by Senate Chief Whip, Senator Tahir Munguno, marked the third extension granted to the capital component of the 2025 budget.
The National Assembly had initially extended the implementation period from December 31, 2025, to March 31, 2026, and later from March 31 to June 30, 2026, before Thursday’s latest shift to September 30.
With the extension, MDAs will have an additional three months to complete ongoing capital projects, process outstanding payments, and meet contractual obligations tied to projects captured in the 2025 fiscal plan.
Leading debate on the motion, Munguno said the extension became imperative because a substantial portion of funds released for approved projects and programmes had yet to be utilised owing to procurement timelines, project execution challenges, and other administrative bottlenecks.
According to him, several strategic projects across key sectors of the economy are already at advanced stages of implementation and require additional time for completion, certification and payment.
He warned that allowing the implementation window to lapse at the end of June could result in the abandonment of critical projects, waste public resources already committed to them, and disrupt ongoing government interventions.
Munguno also expressed concern that some projects contained in the 2025 budget might not be reintroduced in future appropriation cycles, thereby creating funding gaps and undermining national development objectives.
He stated that extending the validity of the capital component would promote efficient utilisation of public funds, improve budget performance and support economic growth.
“The Senate is convinced that granting a further extension of the implementation period is in the national interest and will ensure value for money in public expenditure,” he said.
Chairman of Senate Committee on Appropriations, Senator Olamilekan Adeola, who seconded the motion, said although payment for some capital projects had commenced, numerous obligations remained outstanding.
Adeola recalled that President Bola Tinubu had earlier informed the National Assembly that only about 30 per cent of the funds required for the outstanding 2025 capital commitments would be accommodated through the rollover arrangement, while the balance would be reflected in the 2026 budget framework.
“Payment has commenced, but we still have a lot of outstanding obligations to settle,” he said, urging lawmakers to support the extension.
In his remarks, President of the Senate, Senator Godswill Akpabio, said the decision was consistent with the constitutional responsibility of the National Assembly to ensure effective implementation of the budget and prudent management of public resources.
Akpabio recalled that when Tinubu presented the budget, it was envisaged that only a portion of the capital expenditure would be fully implemented within the approved timeframe, while the balance would be accommodated through subsequent budgetary provisions.
He stated that implementation challenges had earlier necessitated the extension of the capital component to June 30, 2026, but said outstanding obligations still remained significant.
Akpabio stated, “Although payments have commenced, a considerable number of obligations remain outstanding. It has therefore become necessary, in the interest of effective budget execution and accountability, to further extend the implementation period beyond June 30, 2026, to September 30, 2026.”
The senate president expressed confidence that the additional three-month window would enable the government to settle all outstanding commitments under the affected component of the budget, while ensuring that implementation of projects under the subsequent fiscal cycle proceeded without disruption.
The latest extension underscores the persistent implementation challenges confronting federal capital budgets and highlights the government’s efforts to avoid project abandonment amid ongoing fiscal and administrative constraints.
Nigeria’s Ambassador-designate to Mexico, Reno Omokri, has dismissed claims that the Mexican government rejected his diplomatic appointment, attributing his delayed resumption instead to the ongoing FIFA World Cup being co-hosted by Mexico and the United States.
Speaking during an interview on Channels Television’s Politics Today last Monday, the former presidential aide said the delay was due to logistical and diplomatic considerations linked to the global football tournament, stressing that he was not the only Nigerian envoy yet to assume duty. Omokri said reports suggesting that Mexico had declined to accept him as Nigeria’s ambassador were false and were being promoted by political opponents.
“Mexico has not rejected me. Not at all,” he said.Politics He explained that the Mexican government is currently focused on hosting the World Cup alongside the United States, leaving little room to process the arrival of new diplomats. “You should understand that Mexico is right now hosting the World Cup, along with the United States of America, and all of their focus is on that,” Omokri stated.
According to him, several Nigerian ambassadors-designate are also yet to resume at their respective postings for similar reasons.Executive Branch “Most of us ambassadors have not resumed. So, I’m not the only one. A lot of my colleagues are in my situation, but it’s okay. These things happen,” he said. The ambassador-designate also accused members of the opposition of spreading misleading narratives about his appointment, insisting that such claims have no basis in reality. “The opposition will always say things like I have been rejected. We do not work on the basis of the opposition. We work on the basis of reality,” he said.
Omokri expressed confidence that Nigeria continues to enjoy cordial diplomatic relations with countries around the world and maintained that host nations would receive Nigerian envoys in due course. “The reality of it is that we have countries in the world that respect Nigeria, and they’re going to be taking Nigeria’s envoys,” he added.
A young Nigerian girl who was trafficked to Cotonou, Benin Republice for prostitution has d!ed.
Sewuese passed away on Friday, July 24, 2026 in Benue State after she was brought home.
Activist, Zege Orkwande, who has been facilitating the rescue of trafficked Benue girls said investigation is ongoing and those who trafficked her will face the full wrath of law.
“People are asking “who took Sewuese to Cotonou”. Trust my process,” he wrote.
“The people that trafficked/smuggled her to Cotonou for prostitution will sure face the law and serve in prison uniform.
“All information gathered. I’m waiting for her to be buried first. REST WELL.”
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has launched a probe into the alleged withholding of operational funds approved by President Bola Tinubu for six federal information agencies by the Permanent Secretary of the Federal Ministry of Information and National Orientation.
The investigation follows reports by Premium Times alleging that the Permanent Secretary failed to process payment files for the Nigerian Television Authority (NTA), Federal Radio Corporation of Nigeria (FRCN), Voice of Nigeria (VON), News Agency of Nigeria (NAN), National Orientation Agency (NOA), and National Broadcasting Commission (NBC), despite presidential approval. The delay reportedly affected the operations of the agencies, with sources alleging that Mrs. Ukaire insisted that agency heads make detailed presentations on their projects and financial utilisation before the payments could be processed.
Agency heads and civil service experts reportedly argued that the demand contravened established procedures.
They cited a circular from the Secretary to the Government of the Federation (SGF), which directs supervising ministries not to interfere in the financial administration of parastatals, noting that the agencies are accountable to their governing boards and supervising ministers rather than the Permanent Secretary for routine operational releases.
In response to the allegations, the ICPC invited Mrs. Ukaire and the heads of the affected agencies for questioning to determine the circumstances surrounding the delayed funds. Although those invited were questioned, no one was detained, and the investigation remains ongoing.
Following the report and the ICPC’s intervention, Mrs. Ukaire reportedly approved the payment files and forwarded them for disbursement. Heads of the affected agencies confirmed that the documents have now been transmitted and are awaiting final release into their respective accounts, bringing relief after months of uncertainty.
Source: Rewritten from a report by Premium Times without altering the original facts.
Ambassador Omokri Amid Rejection Rumours Says World Cup Cause of his delayed resumption
Sad: Young Nigerian reportedly trafficked for commercial s*x dies after rescue
ICPC investigates Permanent Secretary over delayed Tinubu’s approved agency funds
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