ABUJA — The Minister of Finance, Wale Edun, on Wednesday disclosed that about 80 per cent of the 2024 national budget had been executed as of September 2025.
Edun made the revelation after a closed-door session with the House of Representatives Committee on Appropriations, which also featured the Minister of Budget and National Planning, Senator Atiku Bagudu. The meeting focused on reviewing the pace of implementation of the 2024–2025 Appropriation Act.
Briefing journalists at the National Assembly, Committee Chairman Rep. Abubakar Bichi (APC–Kano) said the lawmakers invited the ministers to address growing public concern over budget performance.
“We engaged the Ministers of Finance and Budget; both acknowledged our concerns and assured us of their commitment. They promised that before the year ends, Nigerians will begin to see more visible results. We will continue to monitor closely,” Bichi said.
Speaking to reporters, Edun confirmed that budget execution was well on track.
“Implementation is at about 80 per cent. Since the National Assembly extended the 2024 budget till December, it is still running. We also reviewed the 2025 budget, with special focus on grassroots projects and infrastructure like roads and irrigation that directly impact citizens,” he stated.
On concerns over extra spending, Edun clarified that the government has no plans for a supplementary budget in 2025.
“It is still a work in progress. Our focus remains on faithfully and fully implementing the existing budget,” he added.
Minister of Budget and National Planning, Senator Atiku Bagudu, also praised the cordial relationship between the executive and the legislature, noting that lawmakers commended the Tinubu administration’s reform efforts.
“The National Assembly has supported all major reform initiatives, including tax reforms which are already yielding results. Today’s engagement helped identify areas for improvement,” Bagudu said.
The ministers assured that grassroots-focused projects, particularly those involving infrastructure and irrigation, will remain a priority as implementation continues.
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