According to reports from Punch Newspapers and Premium Times Nigeria, the Nigerian Senate has taken a step to extend the implementation of the capital component of the 2025 Appropriation Act. This decision, confirmed by multiple independent sources, shifts the deadline to December 31, 2026. The move is aimed at providing adequate time for Ministries, Departments and Agencies (MDAs) to complete capital projects for which funds have been appropriated and released. It’s worth noting that this is not the first time such an extension has been granted, as it marks the fourth time the House of Representatives has approved an extension for this particular budget component. This decision comes amidst ongoing discussions about the nation’s fiscal management and the need to ensure timely execution of government projects. As always, EventsNigeria emphasizes the importance of factual reporting and will continue to monitor developments on this issue.
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