Federal Government Commences 30% Implementation of 2025 Capital Budget via 2026 Rollover
The Federal Government has announced a strategic plan to implement 30% of the 2025 capital budget by November 30, 2026, while rolling over the remaining 70% into the 2026 fiscal framework.
This move, directed by President Bola Tinubu, aims to fast-track delayed project execution and resolve outstanding financial obligations that have accrued due to previous funding bottlenecks.
During a stakeholders’ meeting in Abuja on Thursday, February 19, 2026, the Minister of State for Finance, Mrs. Doris Uzoka-Anite, instructed all Ministries, Departments, and Agencies (MDAs) to adhere strictly to the Public Procurement Act.
She emphasized that all capital payments must follow due process and be backed by available cash, warning against any expenditures made outside approved procurement procedures.
The Minister assured MDAs that the nation possesses sufficient funds to settle pending payments, urging them to update their documentation to facilitate rapid processing.
The Accountant-General of the Federation, Dr. Shamseldeen Ogunjimi, confirmed that the Government Integrated Financial Management Information System (GIFMIS) is now fully restored.
He announced that warrants have been issued and the Treasury House will begin the 30% disbursement phase by next week. This intervention follows a period of severe fiscal strain; data from the Budget Office previously revealed that while N18.53 trillion was appropriated for capital expenditure in 2025, only N834.80 billion was released in the first seven months of that year a performance rate of just 7.72%.
To prevent further budget overruns, the Director of Funds, Mr. Steve Ehikhamenor, cautioned agencies against exceeding warrant limits and instructed them to return any unutilized funds to the Treasury.
By officially merging the bulk of the 2025 capital allocation into the 2026 budget, the administration seeks to prioritize the completion of existing projects and manage spending pressures more effectively amidst fluctuating revenues.