The Federal Government has announced plans to implement 30 per cent of the 2025 capital budget before the end of November 2026 as part of efforts to accelerate project execution and clear outstanding obligations.
The remaining 70 per cent of the budget has been rolled over into the 2026 capital framework to ensure continuity and seamless implementation of projects. The move aligns with a directive requiring Ministries, Departments and Agencies (MDAs) to strictly adhere to procurement regulations in executing and paying for capital projects under the extended 2025 budget cycle.
In a statement issued by the Director of Press and Public Relations at the Office of the Accountant-General of the Federation, Bawa Mokwa, MDAs were instructed to fully comply with the Public Procurement Act in implementing both the 2025 and 2026 capital budgets.
The Minister of State for Finance, Doris Uzoka-Anite, gave the directive during a stakeholders’ meeting on the implementation of the extended 2025 Capital Budget held at the Federal Ministry of Finance in Abuja. She emphasised that all capital disbursements must follow due process, stressing that no payment should be processed outside approved procurement procedures.
According to her, capital projects must be backed by available cash before execution. She also assured that sufficient funds exist to settle outstanding obligations and urged MDAs to update and regularise their documentation to facilitate timely payment processing.
The Accountant-General of the Federation, Dr Shamseldeen Ogunjimi, disclosed that the Government Integrated Financial Management Information System has been fully restored. He reiterated that warrants have already been issued to MDAs and announced that Treasury House would commence implementation of the 30 per cent component of the 2025 budget by the end of next week.
Ogunjimi explained that the 30 per cent of the 2025 capital budget would be implemented between now and November 30, 2026, while the remaining 70 per cent has been rolled over into the 2026 capital budget in line with the directive of President Bola Tinubu.
The decision means that a significant portion of last year’s capital allocations will now be executed within the current fiscal window, while the bulk has been carried forward into the 2026 capital framework to prevent disruption to ongoing projects.
In his welcome address, the Director of Funds, Steve Ehikhamenor, cautioned MDAs against exceeding approved allocations. He urged strict adherence to approved project items and their corresponding values, warning against budget overruns.
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