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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.
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Abandoned health facility for 40years gets new lease of life as Senator Manu moves for its completion(Photos)
It was jubilation galore midweek as the Senator representing Taraba Central Senatorial District , Haruna Manu moved for the completion of a health facility abandoned over 40 years ago in Garba Chede, Bali Local Government Area.
On behalf of the Senator, Professor Yusha’au Bali, has officially flagged off the completion of a comprehensive health center in Garba Chede, Bali Local Government Area.
This beautiful development addresses a critical need for the community, as the hospital project had remained unfinished for over 40 years.
The residents of Garba chede expressed great joy and gratitude for the Senator’s commitment to finally set to completing the long-awaited healthcare facility.
News
Democracy Day: Senator Manu rejoices with constituents and Nigerians saying let’s remain steadfast better days are ahead
The Senator representing Taraba Central Senatorial District Senator Haruna Manu has facilitated with his constituents and Nigerians as the country celebrates 27 years of unbroken democracy enjoining Nigerians to remain steadfast.
Senator Manu disclosed this in a congratulatory message where he enjoined his constituents to remain steadfast and still have faith in the Nigerian project as better days are ahead of us.
The immediate past deputy governor of Taraba called on all Nigerians to continue to believe in democratic governance.
He advised youths to remain consistent and actively participate in the Nigerian democratic process as it can speed up their growth in all human endeavours.
Congratulations as we celebrate today.
News
DEMOCRACY DAY: Tinubu honours seasoned journalists, Lad Bonuola, Louis Odion, Delee Alake, others with National awards
President Bola Tinubu has conferred national honours on seasoned journalists, Lad Bonuola, Louis Odion, Delete Alake and other Nigerians who played important roles in the country’s fight for democracy.
Tinubu announced the honours on Friday as part of the Democracy Day events.
The President said that June 12 remains a key moment in Nigeria’s path to democracy.
“June 12 occupies a sacred place in our national memory. It represents more than an election; it is a defining chapter in our story,” Tinubu said.
He said Nigerians who benefited from the sacrifices of pro-democracy activists had a duty to protect and deepen democratic institutions.
“As beneficiaries of their struggle, we have a duty to strengthen and deepen the democratic institutions for which they fought. The greatest tribute we can pay is to build a Nigeria where freedom is protected, justice is upheld, opportunity is expanded, and government is accountable,” he added.
Tinubu said the June 12, 1993, election revealed the possibility of a truly united Nigerian nation.
According to him, while the heroes of June 12 secured political freedom, the current generation must work to secure economic freedom.
The President said, “June 12, 1993, revealed the possibility of a true Nigerian nation. The heroes of June 12 secured political freedom. Our challenge is to secure economic freedom.
“Democracy must be felt in the quality of people’s lives, in opportunities for youth, in prosperous farmers, successful entrepreneurs, and the dignity of our workers.
“Every generation has a defining responsibility. The generation of our founding fathers secured independence—the generation of June 12 secured democracy. Our generation must secure prosperity.”
Tinubu said the honourees endured hardship and personal sacrifice in the struggle to restore democracy.
The President said the awardees “suffered persecution, endured indignities, exile, incarceration, and, at times, solitary confinement, so that we have democracy today.”
SEE FULL LIST
Barrister Ayoka Lawani
Tunde Fagbenle
Oladele Alake
Olatunji Bello
Louis Odion
Segun Babatope
Sam Omatseye
Sir Ademola Osinubi
Bola Bolawole
Lade Bonuola
Femi Kusa
Debo Adeniran
Chief Ayo Opadokun
Chief Ralph Obiora
Ose Osayande
Barrister Osa Director
Prof. Sylvester Odion-Akhaine
Dr Arthur Nwankwo (Posthumous)
Dr Osagie Obayuwana
Dr Joe Okei-Odumakin
Barrister Titus Mann
Joe Igbokwe
Richard Akinnola
Ben Charles-Obi (Posthumous)
George Mbah
Dr Niran Malaolu
Major-General Ishola Williams (rtd)
Femi Aborisade
Jenkins Alumona
Gbemiga Ogunleye
Muyiwa Adekeye
Babajide Kolade-Otitoju
Ike Okonta
SOLDIER-DEMOCRATS
Major General MA Garba
Brigadier General Lawal Jaafaru Isa
Col Umar Farouk Ahmed
Col Sambo Dasuki
Col Lawan Gwadabe
Brigadier Jonathan Ndam Temlong
Col Musa Shehu
Major General Chris Eze
Major General Harris Dzarma
Col Isa Jibrin
Maj. General Joseph Oshanupin
Col Olusegun Oloruntoba, Olugbede of Gbede Kingdom)
Lieutenant Colonel Happy Kefas Bulus
Col J Okai
Col Emmanuel Ndubueze
Lt Col Yakubu Muazu
Brigadier Yahaya Abubakar, the Current Etsu Nupe, who is already the holder of the CFR title.
The president said the full honours list will be released in the “next few days”.
Abandoned health facility for 40years gets new lease of life as Senator Manu moves for its completion(Photos)
Democracy Day: Senator Manu rejoices with constituents and Nigerians saying let’s remain steadfast better days are ahead
DEMOCRACY DAY: Tinubu honours seasoned journalists, Lad Bonuola, Louis Odion, Delee Alake, others with National awards
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