The Nigerian government has decided to extend the 2024 budget by six months, pushing its expiration date to June 2025. This announcement was made by Senate President Godswill Akpabio during a joint session of the National Assembly on Wednesday.

Senator Akpabio explained that the extension is necessary to ensure that the capital components of the budget are fully implemented. The government wants to provide enough time for critical infrastructure and development projects to be completed without disruption.

The process of extending the budget is already in progress, signaling the government’s commitment to achieving its goals for the 2024 fiscal plan. By taking this step, they hope to drive more impactful results from the approved funds.

This move highlights the importance of effective budgeting and implementation to meet Nigeria’s developmental needs.

The Nigerian government has decided to extend the 2024 budget by six months, pushing its expiration date to June 2025. This announcement was made by Senate President Godswill Akpabio during a joint session of the National Assembly on Wednesday.

Senator Akpabio explained that the extension is necessary to ensure that the capital components of the budget are fully implemented. The government wants to provide enough time for critical infrastructure and development projects to be completed without disruption.

The process of extending the budget is already in progress, signaling the government’s commitment to achieving its goals for the 2024 fiscal plan. By taking this step, they hope to drive more impactful results from the approved funds.

This move highlights the importance of effective budgeting and implementation to meet Nigeria’s developmental needs.