The House of Representatives has considered and passed at Third Reading the Appropriation (Repeal and Enactment) Act (Amendment) (No. 3) Bill, 2026 (HB.2819), following the thorough consideration and adoption of the relevant report at the Committee of Supply.
The Bill, sponsored and presented by the House Majority Leader, Rt. Hon. Julius Ihonvbere, CON, seeks to extend the implementation period for the capital component of the 2025 Appropriation Act from the previous deadline of September 30, 2026, to December 31, 2026.
This statutory extension ensures that Ministries, Extra-Ministerial Departments, and Agencies (MDAs) have sufficient timeline to execute critical infrastructure projects and fulfill capital expenditure obligations embedded in the 2025 budget frameworks without interruption.
Speaking on the passage of the Bill, House leadership emphasized that extending the capital release timeline is vital to completing ongoing development projects, maximizing fund utilization, and ensuring optimal value for money across key sectors of the economy.
With its passage at the Third Reading, the Bill will now be transmitted for concurrence and executive action to facilitate seamless implementation across federal government institutions.
