Just in: Senate extends 2024 budget cycle to December 2025

Nigerian Senate

A bill for an Act to amend the 2024 Appropriation Act to further extend deadline for the capital component of the Act and for other related matters 2025 was passed into law by the Nigerian Senate on Tuesday.

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The bill was passed into law by the Senate after it passed third reading, following a motion moved by Senate Majority Leader, Opeyemi Bamidele, that was seconded by Minority Leader, Abba Moro.

The Nigerian Senate, during a plenary session presided over by Deputy Senate President, Barau Jibrin, amended the 2024 budget and further extended the deadline set for implementation of the capital component from 30 June 2025 to 31 December 2025.

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A bill for an act to amend the 2024 Appropriation Act to further extend the capital component of the Act from 30th June 2025 to 31st December 2025 and for other related matters 2025; third reading taken and passed,” the Deputy Senate President declared.

The Nigerian Senate, during a plenary session presided over by Deputy Senate President, Barau Jibrin, amended the 2024 budget and further extended the deadline set for implementation of the capital component from 30 June 2025 to 31 December 2025.

A bill for an act to amend the 2024 Appropriation Act to further extend the capital component of the Act from 30th June 2025 to 31st December 2025 and for other related matters 2025; third reading taken and passed,” the Deputy Senate President declared.

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