Only 17.7% of 2025 capital budget released by Q3 - Tinubu

[NigerianEye - Nigeria] - 20/12/2025
President Bola Tinubu says only about 17 percent of the 2025 capital budget, equivalent to N3.1 trillion, was released by the third quarter (Q3). Presenting the 2026 budget on Friday to the national assembly, Tinubu explained that the low implementation of the 2025 capital budget is due to the focus on completing priority 2024 projects during the transition period. The president said that as of June 2025, N2.23 trillion was released for 2024 capital projects, following the extension of the 2024 budget execution to December 2025. He said the 2025 budget implementation faced the realities of (…)
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