FG to execute 30% of 2025 capital spending before November

The Federal Government has announced plans to implement 30 per cent of the 2025 capital budget before November, with authorisation already granted to ministries, departments and agencies to begin project execution.

The Accountant-General of the Federation, Shamseldeen Ogunjimi, disclosed this during a stakeholder session at the Federal Ministry of Finance in Abuja.

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He explained that the full restoration of the Government Integrated Financial Management Information System would facilitate faster processing of capital payments and improve implementation efficiency.

According to him, the approved portion of the 2025 capital budget will be executed immediately, while the remaining 70 per cent has been transferred into the 2026 fiscal plan to ensure continuity of ongoing projects in line with the policy direction of Bola Tinubu.

The adjustment effectively spreads capital spending across fiscal cycles, helping authorities sustain infrastructure delivery while managing funding constraints.

Minister of State for Finance, Doris Uzoka-Anite, also instructed MDAs to strictly adhere to procurement regulations when implementing both the 2025 and 2026 capital budgets.

She warned that payments outside approved procedures would not be tolerated and stressed that projects must be backed by available funds before execution.

Government officials further assured stakeholders that liquidity is sufficient to clear pending obligations, urging agencies to update project documentation to enable quicker payment approvals.