President Bola Ahmed Tinubu on Wednesday signed the Appropriation (Amendment) (No. 4) Bill, 2025, into law, formally extending the implementation window of the 2025 capital budget until December 31, 2026.
The announcement was made known in a statement released on Wednesday evening by the Special Adviser to the President on Information and Strategy, Bayo Onanuga.
The presidential assent moves the statutory expiration date from its previous deadline of September 30, 2026, granting government ministries, departments, and agencies (MDAs) an additional three months to execute critical capital projects.
According to the presidency, the extension is aimed at preventing the abandonment of vital infrastructure and social investment initiatives across the country. By prolonging the operational lifespan of the 2025 fiscal blueprint, the administration aims to ensure that capital funds already appropriated to MDAs are fully disbursed and absorbed without procedural disruption.
The development follows accelerated legislative action by the National Assembly on Tuesday, September 29, when both the Senate and the House of Representatives held concurrent deliberations and passed the amendment bill through all stages within hours.
Commending federal lawmakers for their responsiveness, President Tinubu noted that the prompt legislative turnaround underscores the working synergy between the executive and legislative arms of government in driving national development.
With the newly approved extension, MDAs now have until the close of the 2026 calendar year to finalize procurement cycles, execute contract commitments, and draw down capital allocations approved under the 2025 fiscal framework.