NIGERIA, Dec. 9 -- The Federal Government has introduced a new spending framework that requires ministries, departments and agencies to transfer 70 percent of their 2025 capital budget into the 2026 fiscal cycle.
The directive, contained in the 2026 Abridged Budget Call Circular issued by the Ministry of Budget and Economic Planning, is aimed at completing ongoing projects and easing pressure on limited revenues.
The circular instructs senior officials across MDAs to restrict their 2026 submissions to existing allocations already approved for 2025.
It emphasises that new capital projects will not be entertained and insists that spending proposals must align with national priorities that include security, the economy, health, educati...
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