The Democratic and Leadership Alliance has criticised the Federal Government over the National Assembly’s decision to extend the implementation of the capital component of the 2025 budget from September 30 to December 31, 2026.
CLICK THE LINK TO READ FULL LIST
CLICK THE LINK TO READ FULL LIST
The Senate and House of Representatives approved the extension on Tuesday, giving Ministries, Departments and Agencies additional time to execute capital projects and spend funds provided under the 2025 Appropriation Act. The latest decision marks the fourth extension of the implementation period.
Reacting to the development on Wednesday, the Head of Media and Publicity of the DLA National Campaign Council, Tosin Odeyemi, said the repeated changes to the budget deadline raised concerns about the government’s handling of public finances.
Odeyemi said the party was also concerned about the state of funding and implementation of previous budgets, arguing that delays in completing the 2025 capital budget could create further pressure on future budget cycles.
He said the extension could result in outstanding capital projects being carried into subsequent budget years if the government is unable to complete them within the new deadline.
The DLA spokesman also questioned how the Federal Government had managed public funds allocated to it, particularly in view of the repeated extensions of the capital budget.
Related News
He further criticised President Bola Tinubu’s calls for Nigerians to demand accountability from state governors over increased allocations following the removal of the petrol subsidy.
According to Odeyemi, the Federal Government should also provide Nigerians with clear information on how federal resources and borrowed funds are being used, especially as the implementation of the 2025 capital budget has required several deadline extensions.
The DLA spokesman also questioned the administration’s approach to fiscal management and said the party believed the country needed a different approach to managing public finances.
He urged Nigerians to demand greater accountability from the Federal Government over the management of public resources.
The party also disclosed that it had presented its own political and economic programme, which it said was intended to offer an alternative approach to governance.
The National Assembly’s latest decision followed delays in implementing parts of the 2025 capital budget. The deadline was first moved from December 31, 2025, to March 31, 2026, before being extended to June 30 and later September 30.
The latest extension gives government agencies another three months to continue implementing eligible capital projects under the 2025 budget, taking the new deadline to December 31, 2026.
Comments are closed.