June 12, 2026

Senate Extends 2025 Budget Deadline Again as Unspent Funds Stall Projects

ABUJA, Nigeria — The Senate has approved another three-month extension for the implementation of the capital component of the 2025 Appropriation Act, moving the deadline from June 30 to September 30, 2026, as unspent funds continue to delay critical projects.

The decision was taken during plenary on Thursday, June 11Okay News reports that the extension applies only to capital projects still outstanding across Ministries, Departments and Agencies (MDAs)Senate Leader Senator Opeyemi Bamidele, who sponsored the motion, said a “sizeable portion of the funds already released” remains unused due to procurement bottlenecks and administrative hurdles.

“A number of strategic capital projects across critical sectors of the economy are at advanced stages of completion and require additional time for execution, certification and payment,” Bamidele said.

Lawmakers approved the proposal through a voice vote presided over by Senate President Godswill Akpabio, endorsing a 90-day amendment to the 2025 Appropriation Act. The resolution will be transmitted to the House of Representatives for concurrence. If approved, MDAs will have until September 30, 2026, to complete, certify and pay for all capital projects under the 2025 budget.

This marks the third time the implementation window has been extended. On April 17President Bola Tinubu signed the 2026 Appropriation Bill into law with a total expenditure of N68.32 trillion and simultaneously extended the 2025 capital budget from March 31, 2026, to June 30, 2026. Earlier in MarchPresident Tinubu had requested a N9 trillion increase to the 2026 budget proposal, raising it from N58.4 trillion to N67.4 trillion before passage.

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