Reps extend 2025 capital budget implementation to September 30

The House of Representatives has extended the implementation of the capital component of the 2025 budget by three months, from June 30 to September 30, 2026.

The approval came during an emergency sitting of the House on Monday, held after lawmakers adjourned plenary until July 7 to mark the conclusion of the third legislative year of the 10th National Assembly.

The House considered and passed the Appropriation (Repeal and Enactment) Act, 2025 (Amendment) (No. 2) Bill, 2026, which seeks to further extend the implementation period of the capital expenditure component of the 2025 Appropriation Act.

The extension is intended to provide more time for the completion of ongoing projects captured in the 2025 budget.

The latest extension marks the third adjustment to the lifespan of the capital component of the 2025 Appropriation Act.

The National Assembly first extended the implementation period in December 2025 after concerns emerged that several capital projects would not be completed before the original deadline. That extension moved the expiration date to March 31, 2026.

Following the expiration of that deadline, lawmakers approved a second extension, shifting the implementation window to June 30, 2026, to enable ministries, departments and agencies to continue work on ongoing projects.

With the latest amendment, Ministries, Departments and Agencies will now have until September 30, 2026, to execute capital projects captured under the 2025 budget.

The move follows the passage of a similar bill by the Senate last Thursday, paving the way for concurrence by the House and clearing the legislation for transmission to President Bola Tinubu for assent.