President Bola Tinubu has requested the National Assembly to extend the implementation of the 2025 Appropriation Act until March 31, 2026. The move is intended to address the recurring issue of overlapping budget cycles that affect government planning and execution.

The request, conveyed in a letter dated December 18, 2025, was read by Speaker Tajudeen Abbas during a special House of Representatives plenary. Tinubu explained that this letter replaces an earlier one sent on December 16, emphasizing that the extension forms part of wider fiscal reforms aimed at improving transparency, accountability, and efficient public spending.

Under the proposal, at least 30 percent of capital allocations would be released to ministries, departments, and agencies (MDAs) to strengthen budget performance. Tinubu also indicated that the plan involves the repeal and reenactment of the 2024 and 2025 Appropriation Acts.

According to the president, the 2024 budget would be revised to N43.56 trillion, while the 2025 budget would be adjusted to N48.32 trillion and extended to March 31, 2026. The administration believes this step will enhance financial planning and ensure the timely execution of projects across MDAs.