Senate President Godswill Akpabio says the Nigerian government will extend the life of the 2024 budget till June 2025.
Akpabio made the announcement on Wednesday at the joint session of the National Assembly.
He stated that the process to extend the budget is ongoing, to allow the full implementation of the capital component of the budget.
“Given these great achievements, we have deemed it necessary to extend the live of the 2024 budget to June 30, 2025.
“The enabling law for this extension has already been put in place by this patriotic Assembly, as a testament to our appreciation for the great performance of the budget, ensuring we build upon your momentum,” Akpabio said.