President Bola Tinubu has requested the House of Representatives’ approval to extend the implementation of the 2025 budget to March 31, 2026. The request was conveyed in a letter dated December 18 and addressed to the Speaker of the House, Tajudeen Abbas.
According to the president, the extension will ensure the full release and effective utilisation of capital funds by ministries, departments, and agencies (MDAs).
Tinubu also transmitted the 2024 and 2025 Appropriation (Repeal and Re-enactment) Bills to the National Assembly for legislative consideration.