Federal Government through the Budget Office of the Federation has announced that the 2024 Budget Performance Report, along with the delayed first and second quarter reports for 2025, will be released by the end of September 2025.
The delay, attributed to verification processes and Nigeria’s shift to a new extended fiscal framework, aims to ensure accurate and credible reporting. The Office emphasized that releasing reports under the old cycle could cause confusion due to the transition. To address this, it plans to publish the full-year 2024 report and Q1–Q2 2025 reports by September 2025, resuming regular quarterly releases thereafter.
The Office is also upgrading monitoring systems and enhancing collaboration with government agencies to meet the Fiscal Responsibility Act’s requirements. It reaffirmed its commitment to transparency, accountability, and restoring a predictable fiscal reporting cycle.
Leave a Reply