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THE Senate has approved an extension of the implementation period for the capital component of the 2025 Appropriation Act, allowing federal ministries, departments and agencies (MDAs) until September 30, 2026, to utilise allocated funds. The resolution was adopted on Wednesday following a motion sponsored by Senate Chief Whip, Tahir Monguno, and senator representing Borno North. […]
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THE Nigerian government has confirmed that only 30 percent of the 2025 Capital Budget will be implemented before the end of November 2026, as warrants have already been dispatched to Ministries, Departments, and Agencies (MDAs) to start execution. Accountant-General of the Federation, Dr. Shamseldeen Ogunjimi, made this announcement during a stakeholders’ briefing at the Federal […]