The House of Representatives has approved a three-month extension for the implementation of the capital component of the 2025 budget, moving the deadline from June 30 to September 30, 2026.
The decision was reached during an emergency plenary session on Monday, allowing the Federal Government additional time to complete ongoing projects funded under the 2025 Appropriation Act.
Lawmakers passed a bill seeking to amend the Appropriation Act and extend the lifespan of the capital expenditure section of the budget.
To speed up the process, the House suspended relevant rules and completed the first, second and third readings of the bill in a single sitting.
Presenting the proposal, House Leader Julius Ihonvbere explained that many capital projects captured in the budget had not yet been completed.
He warned that ending the implementation period as scheduled could affect economic activities and slow down ongoing development efforts across the country.
According to him, the amendment does not change any allocation or provision contained in the budget. Instead, it only extends the period available for the execution of approved capital projects.
Speaker Tajudeen Abbas also backed the extension, noting that reports submitted to the House showed that implementation of the capital budget was still in progress.
He said additional time was needed for the Federal Government to meet its obligations under the 2025 fiscal plan.
After the bill passed second reading, lawmakers entered the Committee of Supply where it was examined clause by clause. The committee later returned its report to the House, and members adopted all recommendations before giving the legislation final approval.
The extension provides Ministries, Departments and Agencies with an extra three months to continue project execution and make use of funds already appropriated for capital development.
The development comes amid recurring challenges in Nigeria's budget implementation process. Delays in procurement procedures, revenue constraints and setbacks in project execution have often slowed the completion of government-funded projects.
Capital expenditure remains a major part of government spending, as it supports infrastructure development, economic activities and employment generation.
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