Nigeria's House of Representatives has greenlit an extension of the 2025 budget's capital spending window. The deadline now moves from June 30th, 2026 to September 30th, 2026.
Lawmakers convened in emergency session on Monday to consider the proposal. Julius Ihonvbere, the House Leader, championed debate on the extension bill.
Ihonvbere outlined why the extra time was necessary. Ministries, departments, and agencies hadn't spent substantial allocations due to bureaucratic snags and procurement holdups, he noted.
According to him, implementation challenges have stalled project progress nationwide. An extended timeline would allow unfinished infrastructure projects to reach completion, he said.
Outstanding financial commitments also needed settling under the new arrangement. Without the extension, critical work across the country faced abandonment risk.
Ibrahim Sidi, Acting Clerk of the House, circulated the emergency sitting notice on Sunday. He confirmed the session followed established parliamentary procedures and Standing Orders.
