The Federal Government has instructed Ministries, Departments, and Agencies (MDAs) to prioritize the completion of ongoing projects in their 2025 budget proposals, barring the inclusion of new initiatives unless they are directly tied to ongoing programs. This directive was outlined in the 2024 Budget Call Circular obtained by reporters.

The circular emphasizes that the primary focus of the 2025 capital expenditure program will be completing critical ongoing projects to maximize impact. It states, “New projects will not be admitted into the capital budget for 2025 unless adequate provision has been made for the completion of all ongoing projects.”

MDAs are required to submit updated lists of projects using the Budget Office’s Capital Project Status Template. Proposed projects must align with the National Development Plan 2021–2025 and the government’s development priorities, which include national security, the economy, education, health, agriculture, infrastructure, and social safety nets, with a special focus on women and youth empowerment.

The Federal Government has projected total expenditure for 2025 at ₦47.90 trillion, a 36.6% increase from 2024. Key allocations include ₦16.48 trillion for capital expenditure (34.4% of the budget), ₦15.81 trillion for debt servicing, and ₦9.64 trillion for personnel and pension costs, reflecting adjustments for the new minimum wage.

MDAs are advised to prioritize projects that are nearing completion and align with the government’s strategic goals. The circular further underscores the importance of selecting initiatives likely to be completed by the end of 2025.

This policy aims to ensure efficient use of resources, drive economic growth, and address critical national priorities without overburdening the government’s fiscal capacity.