Senate President Godswill Akpabio announced that the implementation of the 2024 Appropriation Act will be extended to June 2025. This decision, shared during a joint session with President Bola Tinubu, aims to ensure continued funding for government projects while addressing economic challenges throughout the next year.
Senate President Godswill Akpabio announced that the implementation of the 2024 Appropriation Act will be extended until June 2025. This announcement was made during the joint session of the Senate and House of Representatives, where President Bola Tinubu was present to deliver the 2025 budget.
Akpabio's statement came as part of the legislative session, which was focused on discussing the country's financial plans and outlook for the coming year. The extension is expected to impact the ongoing budget processes, ensuring continued funding for various government projects until the middle of 2025.
The details of the extension and its potential impacts on the country's fiscal health are still unfolding, and further announcements are expected as the implementation progresses.
