80% of 2024 budget already implemented, no supplementary spending planned – Edun
The Minister of Finance, Wale Edun, on Wednesday disclosed that about 80 per cent of the 2024 budget had been implemented as of September 2025.
Edun made the revelation after a closed-door session with the House of Representatives Committee on Appropriations, which also hosted the Minister of Budget and National Planning, Senator Atiku Bagudu, to review the pace of implementation of the 2024–2025 Appropriation Act.
Speaking to journalists, Committee Chairman, Rep. Abubakar Bichi (APC–Kano), said Nigerians were concerned about budget performance and that the National Assembly owed them accountability. “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.
Edun, while addressing the press, explained that the extension of the 2024 budget by the National Assembly until December allowed ongoing implementation. He said the government was focused on grassroots and infrastructure projects such as roads and irrigation, which directly impact citizens. “As is customary, we reviewed the budget performance, looked at 2024 basically overall it’s around 80 per cent… Discussion is on ongoing implementation of the budget faithfully and fully,” he noted, adding that there were no plans yet for a supplementary budget in 2025.
Bagudu, on his part, stressed that lawmakers commended the Tinubu administration’s respect for the National Assembly and its 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,” he said.
