The Federal Government has introduced reforms to the 2025 capital budget aimed at boosting private sector confidence and creating a more enabling environment for SMEs. Finance Minister Wale Edun announced that unspent 2024 capital funds will be rolle…  | By Abimbola Akomolafe on August 14, 2025 | The Federal Government has introduced reforms to the 2025 capital budget aimed at boosting private sector confidence and creating a more enabling environment for SMEs. Finance Minister Wale Edun announced that unspent 2024 capital funds will be rolled into the 2025 budget via the GIFMIS platform, ensuring quicker disbursements and directing every naira into productive investments. Read also, Under the new rules, MDAs must secure warrants before signing contracts, aligning expenditure with available cash and financial discipline. For SMEs, the changes mean improved infrastructure pipelines, predictable payment cycles, and a more transparent fiscal process — all critical to expansion, innovation, and job creation. The reforms are part of the government's plan to drive at least 7% GDP growth and reduce poverty nationwide. | | | |
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