2025 Budget at Risk as Fund Releases Halted

2025 Budget at Risk as Fund Releases Halted

The 2025 federal budget may roll into 2026 after stalled projects and a locked cash-planning portal blocked fund releases.

MDAs cannot spend without warrants, delaying contracts and payments.

Accountant-General Ogunjimi and Finance Minister Edun stressed strict compliance with cash plans, while revenue shortfalls and 2024 budget carryovers exacerbate delays.

Economists warn the dual-budget situation risks inefficiency and reduced transparency.