close
Thursday, October 1, 2026

Tinubu extends 2025 budget implementation to December

The extension gives ministries, departments and agencies (MDAs) additional time to complete ongoing capital projects.

and • September 30, 2026
PRESIDENT BOLA AHMED TINUBU
PRESIDENT BOLA AHMED TINUBU

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.

In a statement on Wednesday, presidential spokesperson Bayo Onanuga said the assent followed the amendment’s swift passage by both the Senate and the House of Representatives on Tuesday.

According to the statement, 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,” it stated.

According to the statement, Mr Tinubu commended the leadership and members of the National Assembly for their prompt consideration of the bill.

Mr Tinubu described the assent as a further sign of the cooperation between the executive and the legislature in the service of the nation.

The latest extension makes it the fourth time the National Assembly had moved the deadline for implementing the 2025 capital budget.

In December last year, 2025, lawmakers approved a three-month extension of the capital budget, pushing the deadline to March 31, 2026, after repealing and re-enacting the 2024 and 2025 Appropriation Acts.

On March 31, the Senate and House of Representatives also extended the implementation deadline from March 31 to June 30.

On June 15, the National Assembly extended the capital component of the budget from June 30 to September 30.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Tinubu addressing nation

Politics

FULL TEXT: Tinubu’s October 1 Independence Day speech

Our journey has not always been easy. In truth, it has generally been too hard for too many. We have known moments of great hope and periods of profound disappointment.

Tinubu at FEC meeting

Economy

It’s time to share prosperity with Nigerians; my reforms have worked, Tinubu declares

“The emergency treatment is over,” the president declared. “The foundation has been repaired. The central economic task before us has changed.”

Attendant selling fuel

Economy

Tinubu shuts down ‘siren song’ of restoring fuel subsidy, says Atiku, others ‘regressive’

“Influential but regressive voices would have us abandon the treatment and return ourselves to the abuse of addictive subsidies, we must resist their siren song,” said Mr Tinubu.

Flydubai emergency landing in Saudi Arabia

World

Guterres condemns Flydubai mid-air attack, says tragedy averted

The UN chief condemned actions that could endanger passengers and compromise the safety of international civil aviation.

Obasanjo, Buhari and Jonathan

Economy

Obasanjo, Jonathan, Buhari bungled Nigeria’s economy; I’m doing things differently: Tinubu

“For too long, Nigeria’s leaders chose morphine while praying for a miracle that never came. They focused on symptoms while allowing the disease to take hold,” said Mr Tinubu.

Bola Tinubu

Economy

Tinubu doubles down in national broadcast, says harsh reforms necessary to rescue Nigeria’s floundering economy

“The reforms that followed were difficult,” Mr Tinubu said. “The side effects were real. Yet, we must never confuse the medicine with the disease.”