The Nigerian Senate has approved an extension of the implementation period for the capital component of the 2025 Appropriation Act from September 30, 2026, to December 31, 2026.
The Upper Chamber approved the extension on Tuesday following clause-by-clause consideration of a bill sponsored by the Senate Leader, Senator Opeyemi Bamidele, representing Ekiti Central Senatorial District.
Presenting the bill, Bamidele said the amendment was necessary and pragmatic because the implementation of capital projects under the 2025 Appropriation Act had not reached optimal levels, despite the release of funds allocated to Ministries, Departments and Agencies (MDAs).
The bill, titled “A Bill for an Act to Amend the Appropriations (Repeal & Enactment) Act 2025 to Extend the Implementation of the Capital Aspect of the Appropriations (Repeal & Enactment) Act 2025 from 30th September, 2026 to 31st December, 2026 and for Other Related Matters, 2026 (SB. 1067),” was considered and approved by the Senate.
The extension means that the capital component of the 2025 budget will remain available for implementation until December 31, 2026.
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