Nigeria, Sept. 29 -- The Nigerian Senate on Tuesday extended the implementation period of the capital component of the 2025 budget from 30 September to 31 December 2026.

The upper chamber approved the extension during plenary after considering a bill seeking to amend the implementation period of the budget.

The House of Representatives had earlier in the day extended life of the budget.

The Senate President, Godswill Akpabio, announced the passage of the bill after it was read for the first, second and third times on the same day and supported by the majority of the senators.

The bill was earlier considered by the Senate Committee on Supply.

Tuesday's extension is the fourth time lawmakers have extended the implementation period of t...