The Nigeria’s President Bola Tinubu has signed the Appropriation (Amendment) (number 4) Bill, 2025, into law, extending the implementation period of the capital component of the 2025 budget from 30 September to 31 December 2026.
Penpushing reports that presidential spokesperson, Bayo Onanuga made this known this in a statement explaining that the President assented to the amendment bill barely 24 hours after both chambers of the National Assembly passed it.
“President Bola Ahmed Tinubu has signed into law the Appropriation (Amendment) (No.4) Bill, 2025, extending the implementation period of the 2025 budget from September 30, 2026 to December 31, 2026. The assent followed the amendment’s swift passage by both the Senate and the House of Representatives on Tuesday, September 29, 2026′, he wrote.
“The extension gives Ministries, Departments and Agencies more time to complete ongoing capital projects. It ensures that funds already appropriated are fully put to work for Nigerians, without disrupting critical programmes’, Onanuga added.
Penpushing further reports that Onanuga stated that Tinubu commended the leadership and members of the National Assembly for their prompt consideration of the bill, adding that it was affirmation of the cooperation between the Executive and the Legislature in the service of the nation.
Meanwhile,with the president’s assent, Nigeria has officially extended implementation of the capital component of the 2025 budget for a fourth times—the budget which ought to have ended two years ago, while it would be recalled that the implementation period was initially scheduled to end on December 31, 2025 but was first extended to March 31, 2026 to allow Nigerian government to complete ongoing projects captured in the budget.
FOOTNOTE: You want to share story with us? You want to advertise with us? You need publicity for product, or service, or event? Contact us on WhatsApp +2348073463653 or email penpushing@yahoo.com
