FG starts 2024 capital project payments, sets March 31 deadline for 2025 budget implementation
Federal Government commences payments for outstanding 2024 capital projects with March 31, 2026, deadline for full 2024-2025 budget execution. Special Adviser Sunday Dare announced on X Friday that Ministries, Departments and Agencies (MDAs) must submit 2025 cash plans by Monday, February 23, 2026, for immediate payment processing. This follows Minister Uzoka-Anite's assurance that financial systems restored, urging MDAs to complete documentation requirements. The directive aims to clear backlogs and accelerate budget execution after President Tinubu extended 2025 budget to March 31, 2026. Payments for 2024 obligations and 2025 capital components now officially underway.