The Democratic and Direction Alliance (DLA) has raised concerns over the decision by the Statewide Assembly to lengthen the implementation of the capital component of the 2025 budget to December 31, 2026, warning that repeated budget rollovers could produce uncertainty for community investment and fiscal planning.
The Alliance noted that from a firm approach, lengthy-lasting budget implementation can alter the timing of government contracts, infrastructure spending and payments to contractors, during the time that moreover making it harder for businesses dependent on community projects to project request and cash flows.
The DLA said Nigerians should require larger transparency over budget execution and community borrowing, whereas urging stronger fiscal discipline in the course of countrywide resources.
Its furthermore criticised the President Bola Tinubu administration’s economic regulation.
Recall that the House of Representatives and the Senate approved the up-to-date extension on Tuesday, moving the deadline from September 30 to December 31, 2026. Lawmakers said the extension was essential to facilitate ministries, departments and agencies (MDAs) finished capital projects for which finance had been appropriated and released.
Reacting to this in a statement signed by the chief of media and publicity of the DLA, Dr Tosin Odeyemi, the Alliance said the development raised questions around the government’s ability to run approved spending plans indoors the intended fiscal cycle.
Odeyemi said the party was notably concerned around the implications of delayed finance spending for infrastructure development, community procurement and economic job, arguing that broadened implementation periods could shape it difficult for businesses and investors to scheme approximately government-funded projects.
The DLA moreover questioned the rank of funding available for preceding budgets and called on the federal government to account for revenues received and expenditure undertaken during the period.
“ We are additional concerned that this is the fourth time the implementation of this same budget has been longer,” Odeyemi said.
He argued that continued extensions could result in overlapping budget cycles and weaken fiscal accountability.
The Alliance greater said that delays in implementing assets budgets could have implications for the 2026 fiscal framework, even even though the government’s approved 2026 budget provides ₦26.08 trillion for finance expenditure, before the terminate of whole expenditure of ₦58.18 trillion.
Recall that the government’s own 2026 budget speech acknowledged implementation pressures in 2025.
President Tinubu had said that by the third quarter of 2025, solely ₦3.10 trillion, representing on 17.7 per cent of the 2025 assets budget, had been released, partly given that priority 2024 capital projects were being completed during the transition period.
It is the fourth extension of the 2025 resources budget implementation period.
Source: 2025 Budget Extension Will Affect Public Investment, Fiscal Planning – DLA
