Nigeria, June 30 -- One of the first major legislative decisions taken by the Senate upon resumption was the extension of the capital component of the 2024 national budget until 31 December 2025.

The Deputy Senator President, Barau Jibrin, announced the extension after the request was read for the first, second, and third time on the same day and supported by most senators.

The 2024 federal budget totalled N34 trillion, with N13.1 trillion allocated to capital expenditure.

This is the second extension of the implementation of the capital profile of the 2024 budget. President Bola Tinubu had previously secured approval in December 2024 to shift the deadline to 30 June 2025. That request was aimed at completing ongoing infrastructure pro...