For the fourth time, the Senate has amended the 2025 Appropriation Act (Repeal and Re-enactment) to extend the implementation of the capital component of the 2025 budget from September 30 to December 31, 2026.

The resolution followed a motion moved by the Senate Leader, Senator Opeyemi Bamidele, after an executive session and clause-by-clause consideration at the Committee of Supply.

Bamidele said the extension would provide an administrative window to fully implement capital projects for which funds had already been released and ensure the completion of critical national projects already at advanced stages of completion.

The Senate Leader said the extension was also aimed at sustaining economic activity, supporting local contractors, facilitating the efficient utilisation of released funds, boosting overall budget performance and enhancing public service delivery.

He further clarified that the bill does not seek to introduce new projects, adding that the extension should not be interpreted as a relaxation of fiscal accountability but as a measure strictly in accordance with the Fiscal Responsibility Act.

The implementation period, which was initially billed to end in December 2025, had earlier been extended to March 31, 2026, then to June 30, 2026, and later to September 30, 2026.

With the latest resolution, the validity period will now run until December 31, 2026.