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.
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