• Third extension in six months as MDAs struggle to utilise released funds
•Lawmakers cite procurement delays, outstanding obligations, ongoing projects
•Akpabio says move necessary to ensure accountability, value for money
Sunday Aborisade in Abuja
Senate on Thursday approved a fresh three-month extension of the implementation period for the capital component of the 2025 Appropriation Act. It shifted the deadline from June 30, 2026, to September 30, 2026, in a move aimed at salvaging ongoing projects and enabling ministries, departments and agencies (MDAs) to fully utilise funds already released by the federal government.
