FG Targets 30% Capital Budget Execution before November
The Federal Government has disclosed that 30 per cent of the 2025 Capital Budget will be implemented before the end of November 2026, with warrants already issued to Ministries, Departments and Agencies (MDAs) to commence execution.
The Accountant-General of the Federation, Dr Shamseldeen Ogunjimi, made this known at a stakeholders’ meeting on the implementation of the extended 2025 Capital Budget held at the Federal Ministry of Finance in Abuja.
According to a statement issued by Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant-General of the Federation, Ogunjimi confirmed that the Government Integrated Financial Management Information System (GIFMIS) has been fully restored, clearing the path for smoother processing of capital payments.
He explained that 30 per cent of the 2025 Capital Budget would be implemented between now and November 31, 2026, while the remaining 70 per cent has been rolled over into the 2026 Capital Budget in line with the directive of President Bola Tinubu to ensure seamless execution of ongoing projects.
Ogunjimi reiterated that warrants have already been issued to MDAs and announced that Treasury House would begin implementing the 30 per cent component of the 2025 Budget by the end of next week.
The development effectively shifts a significant portion of the 2025 capital allocations into the current fiscal window, while the bulk has been carried forward into the 2026 capital framework to prevent disruption of projects.
The Minister of State for Finance, Mrs Doris Uzoka-Anite, directed MDAs to strictly comply with the Public Procurement Act in executing both the 2025 and 2026 capital budgets.
She stressed that all capital disbursements must follow due process and warned that no payment should be processed outside approved procurement procedures. She also insisted that capital projects must be backed by available cash before execution.
Uzoka-Anite assured stakeholders that the government has adequate liquidity to clear outstanding obligations and urged MDAs to review and update their documentation to facilitate timely payment processing.
In his welcome remarks, the Director of Funds, Steve Ehikhamenor, cautioned agencies against exceeding approved allocations. He advised MDAs to adhere strictly to project items and their corresponding values, avoid budget overruns, return unutilised or excess funds to the Treasury, and collaborate closely with GIFMIS officials for technical support.
Earlier in December 2025, the Federal Government had instructed MDAs to roll over 70 per cent of their 2025 capital budget into the 2026 fiscal year as part of measures to complete existing projects and ease new spending pressures amid revenue constraints.
