Most of 2025 capital budget moved to 2026, says FG
Doris Uzoka-Anite, Minister of State for Finance, has directed that only 30 per cent of the 2025 capital budget will be implemented before the end of November, with the remaining 70 per cent rolled into the 2026 budget. The move aims to fast-track project execution and ensure compliance with procurement rules. Bawa Mokwa, spokesperson for the Office of the Accountant-General, confirmed that Ministries, Departments, and Agencies (MDAs) must align with the Public Procurement Act for both the 2025 and 2026 capital budgets. Dr Shamseldeen Ogunjimi, Accountant-General of the Federation, stated that warrants have been issued and implementation of the 30 per cent component will begin by the end of next week.
TLDR
- Doris Uzoka-Anite instructed that only 30 per cent of the 2025 capital budget will be implemented before the end of November, with the rest deferred to 2026.
- MDAs have been told to strictly follow procurement rules and ensure capital projects are backed by cash before execution.
- Dr Shamseldeen Ogunjimi announced that the Government Integrated Financial Management Information System has been restored and warrants issued to MDAs.
- The decision means most of last year’s capital allocations will now be executed within the current fiscal window, with the majority carried forward to 2026.
- MDAs are advised not to exceed approved allocations, to return any unutilised funds, and to work with GIFMIS officials for support.
