The federal government is set to extend the implementation of the 2024 budget till 30 June, 2025.
The Senate President, Godswill Akpabio announced this on Wednesday at the presentation of the 2025 budget.
In his speech, Mr Akpabio announced that the National Assembly has commenced the process to extend the budget implementation till June 2025.
He stated that the extension would soon be deliberated upon and presented to the president for assent.
President Bola Tinubu is currently at the joint session of the National Assembly to present the 2025 budget.
– Commending Tinubu’s Reform Agenda
Senator Akpabio praised President Tinubu for his bold reforms, which have been central to advancing Nigeria’s economic and developmental goals.
Highlighting the Tax Reform Bill, the Nigerian Revenue Service Establishment Bill 2024, and other critical legislative initiatives, he noted that these efforts are essential steps toward the administration’s vision of a prosperous, technologically advanced Nigeria.
– Call for Accountability in Budget Processes
The Senate President urged Ministries, Departments, and Agencies (MDAs) to prioritize their roles in the budget defence process, emphasizing the need for timely submissions and active participation.
He warned that the National Assembly would take decisive action against MDAs that fail to appear for budget defence sessions or cause unnecessary delays.
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