Nigeria TV Info 

NASS Extends 2025 Fiscal Year to March Amid Budget Crisis

The National Assembly (NASS) has approved an extension of Nigeria’s 2025 fiscal year to March 2026, citing delays in budget preparation and revenue shortfalls. Lawmakers stated that the extension would ensure adequate time for proper budget review, allocation, and implementation. This move comes amid mounting economic pressures, inflationary challenges, and the need to align government spending with available resources. Stakeholders, including state governments and private sector operators, have been urged to adjust their financial planning to accommodate the extension. Analysts warn that prolonged fiscal uncertainty could affect public projects and economic stability if corrective measures are not implemented promptly.