In a significant move, President Bola Tinubu has approved the Appropriation (Amendment) (No.4) Bill, 2025. This bill extends the implementation period of the 2025 budget from its original end date of September 30, 2026, to a new deadline of December 31, 2026. The decision comes after the Senate and House of Representatives passed the amendment on Tuesday, as reported by Vanguard News, Punch Newspapers, and Tribune Online. With this extension, the government now has an extra three months to implement the budget for the year. It remains unclear why President Tinubu decided to extend the implementation period of the 2025 budget. However, it is essential to note that such a move could have significant implications for the nation’s economy and development plans.
**Source(s):**
– Vanguard News:
– Punch Newspapers:
– Tribune Online:
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