Monday, October 26, 2026

Senate passes bill extending 2025 capital budget implementation to December 31 

The bill was sponsored by the Senate Leader, Opeyemi Bamidele (Ekiti Central).

• September 29, 2026
Nigerian Senate
Nigerian Senate [Credit: Facebook]

The Senate on Tuesday passed a bill extending the implementation of the capital component of the 2025 Appropriation Act from September 30 to December 31.

 ⁠‍‍⁠⁠‌According to the upper chamber, the bill seeks to provide additional time for ministries, departments and agencies (MDAs) to complete all ongoing capital projects.

The bill, sponsored by the Senate Leader, Opeyemi Bamidele (Ekiti Central), was read for the first time and subsequently considered for second reading after the suspension of the relevant Senate Rule.

Leading the debate on the bill, Mr Bamidele said the extension would provide the legal and administrative window required to fully implement projects for which funds had been appropriated and released.

He said that capital budget implementation involved procurement, contract execution, mobilisation, certification of works and payment processes, among other procedures.

The Senate leader said several infrastructure and development projects across the country were at various stages of completion and required additional time for implementation.

According to him, allowing the existing implementation deadline to lapse can create difficulties for MDAs in completing projects for which resources had already been appropriated and released.

Mr Bamidele added that the extension would help prevent projects from becoming abandoned and ensure that appropriated resources were deployed for their approved purposes.

The Senate leader stressed that the extension would not amount to a relaxation of accountability, fiscal responsibility or legislative oversight.

He said that MDAs would remain required to comply with the appropriation act, financial regulations, procurement laws and other applicable statutes.

Contributing, the Deputy Senate President, Barau Jibrin, said the extension was important to prevent the proliferation of abandoned projects across the country.

Mr Jibrin urged the senators to support the bill, saying it would provide an opportunity for ongoing projects funded under the 2025 appropriation to be completed.

The Minority Leader, Abba Moro (Benue South), also supported the extension but urged senators to avoid unnecessary comparisons with previous administrations during debates on budget implementation.

Mr Moro said the focus should remain on creating the necessary conditions for the government to implement its programmes and projects.

The bill was subsequently committed to the Committee of Supply, which considered and approved amendments to the relevant provisions.

The Senate, thereafter, passed the bill at third reading, extending the implementation of the capital component of the 2025 appropriation act to December 31.

The Senate President, Godswill Akpabio, thanked senators for their contributions, saying the extension would facilitate payment for contracts and completion of projects covered by the 2025 capital appropriation.

He urged relevant authorities to utilise the extended period to complete necessary contractual obligations and infrastructure projects for the benefit of Nigerians

(NAN)

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

Nigerian Bar Association

States

Independence: NBA urges Nigerians to expect better future

The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

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.”

John Nwabueze

Economy

Tax Ombud seeks NIPOST partnership to reach traders, rural taxpayers

The Office of the Tax Ombud says it is seeking a partnership with NIPOST to extend free tax complaint-resolution services to market traders and rural taxpayers.

Hungry Nigerians

Opinion

Abdul Mahmud: Super El Niño is coming, but hunger got here first

Nigeria’s own Super El Niño has been unfolding in the markets, homes and streets where ordinary people struggle to survive.

Dangote Refinery

Economy

IPO: Investors rush for Dangote Refinery shares as offer closes Tuesday

Dangote Petroleum Refinery & Petrochemicals has reported a sharp increase in investor subscriptions as its landmark Initial Public Offering (IPO) enters its final days.

Politics

FULL LIST: Peter Obi, Dickson, Kwankwaso to lead NDC’s 60-member campaign council

The party said its campaign council would coordinate a “people-centred and issue-based campaign” for its presidential candidates ahead of the January 16, 2027 presidential polls.

Aleksandar Vucic

World

Serbia’s strongman Aleksandar Vucic concedes defeat in parliamentary election

Mr Vucic, who spoke to supporters at the headquarters of his Serbian Progressive Party on Sunday, stated, “It is clear that we have lost these elections.”

Evangelist Chukwuebuka Anozie Obi

Politics

Church leader endorses Hamzat, seeks protection for Igbo businesses in Lagos

Obafemi Hamzat, the All Progressives Congress governorship flag-bearer in Lagos, has been endorsed by the founder of the Zion Prayer Movement Outreach, Chukwuebuka Obi.