File: Minister of Finance and Coordinating Minister of the Economy, Wale Edun. The Federal Government achieved an 85 per cent capital expenditure performance in the 2024 fiscal year following the extension of the budget implementation period, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. Edun said, “In terms of the capital budget. Edun acknowledged that capital expenditure in 2025 would be lower, explaining that the government chose to focus on completing existing projects rather than initiating new ones. He described the capital expenditure outcome as part of a broader fiscal effort anchored on discipline and transparency.

Source: Punch January 15, 2026 17:07 UTC