{"id":763,"date":"2026-06-16T20:39:24","date_gmt":"2026-06-16T20:39:24","guid":{"rendered":"https:\/\/consumerconnectng.com\/?p=763"},"modified":"2026-06-16T22:00:52","modified_gmt":"2026-06-16T22:00:52","slug":"nigerian-house-of-reps-clarifies-approval-for-validity-of-2025-budget-capital-votes-till-sept-30","status":"publish","type":"post","link":"https:\/\/consumerconnectng.com\/?p=763","title":{"rendered":"Nigerian House of Reps clarifies approval for validity of 2025 Budget capital estimates till Sept. 30"},"content":{"rendered":"<p>*<strong><em>The Nigerian House of Representatives, in the National Assembly, Abuja, explains the amendment to validity of capital estimates of 2025 Budget is not intended to alter any provision of the budget, but to extend its &#8216;lifespan by three months&#8217; to allow ongoing projects to be completed across the country <\/em><\/strong><\/p>\n<p>Isola Moses | ConsumerConnect<\/p>\n<p>The Nigerian House of Representatives, in the National Assembly (NASS), Abuja, FCT, at emergency plenary held Monday, June 15, 2026, approved the Federal Budget 2025 implementation extension from June 30 to September 30 this year.<\/p>\n<p><em>ConsumerConnect<\/em> reports the Federal lawmakers passed a bill extending the implementation period of the capital component of the 2025 Appropriation Act from June 30 to September 30.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"GbjyAfVjCv\"><p><a href=\"https:\/\/consumerconnectng.com\/?p=810\">Price Hikes: How increased LPG imports will sustain supply, enhance market stability in Nigeria &#8211;Minister<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u201cPrice Hikes: How increased LPG imports will sustain supply, enhance market stability in Nigeria \u2013Minister\u201d \u2014 ConsumerConnect \" src=\"https:\/\/consumerconnectng.com\/?p=810&amp;embed=true#?secret=N5VGypO8fT#?secret=GbjyAfVjCv\" data-secret=\"GbjyAfVjCv\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>The bill titled: \u201cA Bill for an Act to Amend the Appropriation (Repeal and Enactment) Act, 2025 to Extend the Implementation of the Capital Aspect of the Appropriation Act, 2025 from 30 June 2026 to 30 September 2026 and for Related Matters\u201d, scaled first, second and third readings in a single sitting, after lawmakers suspended relevant provisions of the House Standing Orders.<\/p>\n<p>Leading the debate on the bill, House Leader Prof. Julius Ihonvbere explained that the extension became necessary because several capital projects captured in the 2025 budget had not been fully implemented till date.<\/p>\n<p>Prof. Ihonvbere stated: \u201cIt is very straightforward. &#8220;Because some aspects of the capital appropriation will not be fully implemented, if we do not extend the life of this particular law, it will have a very grave impact on the growth and development of the national economy.&#8221;<\/p>\n<p>The House of Representatives Leader also noted that the amendment was not intended to alter any provision of the budget but merely to extend its lifespan by three months to allow ongoing projects to be completed.<\/p>\n<p>The legislator also said: \u201cThe purpose essentially is to extend the lifespan. We are not touching any part of the law.<\/p>\n<p>&#8220;It is simply extending the lifespan from June 30, 2026, to September 30, 2026.<\/p>\n<p>&#8220;I urge my colleagues to approve this so that we can continue with the work of developing and growing our economy and country.&#8221;<\/p>\n<p>Rt. Hon. (Dr.) Abbas Tajudeen, Speaker of the House, who presided over the session, noted that records made available by the Chairman of the House Committee on Appropriations and other relevant agencies indicated that implementation of the capital budget was yet to be completed.<\/p>\n<p>Abbas explained: \u201cAs you are aware, the 2025 budget was extended to June 30.<\/p>\n<p>&#8220;From the records we received from the chairman, appropriations, and other relevant quarters, it is yet to be fully implemented.&#8221;<\/p>\n<p>The House Speaker noted: &#8220;It is, therefore, in the best interest of this country and the National Assembly for us to extend the budget to September 30 to enable the Federal Government to fulfil its obligations under the 2025 budget.&#8221;<\/p>\n<p>Following the adoption of the bill at second reading, the House dissolved into the Committee of Supply, where it considered and approved the three clauses, explanatory memorandum and long title of the legislation.<\/p>\n<p>The committee subsequently, reported back to plenary, where lawmakers adopted its recommendations and suspended House rules to allow the bill to be read a third time and passed the same day.<\/p>\n<p>With the passage of the amendment, and harmonisation of same with the Senate for President Bola Ahmed Tinubu&#8217;s assent, Federal Ministries, Departments and Agencies (MDAs) now have three additional months to implement capital projects and utilise funds appropriated under the 2025 budget.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>*The Nigerian House of Representatives, in the National Assembly, Abuja, explains the amendment to validity of capital estimates of 2025 Budget is not intended to&hellip;<\/p>\n","protected":false},"author":2,"featured_media":822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"_FSMCFIC_featured_image_caption":"Nigeria's House of 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href=\"https:\/\/consumerconnectng.com\/?cat=20\" rel=\"category\">Highlights<\/a> <a href=\"https:\/\/consumerconnectng.com\/?cat=8\" rel=\"category\">Regulators<\/a>","tag_info":"Regulators","comment_count":"0","_links":{"self":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts\/763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=763"}],"version-history":[{"count":3,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts\/763\/revisions"}],"predecessor-version":[{"id":837,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/posts\/763\/revisions\/837"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=\/wp\/v2\/media\/822"}],"wp:attachment":[{"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/consumerconnectng.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}