The earlier budget preparation guidelines that directed Ministries, Departments, and Agencies to carry over 70 per cent of their 2025 capital allocation into 2026 and avoid introducing new capital projects.
There are at least N3.50tn new projects in the proposed 2026 budget.
Figures collated from the 2026 Appropriation Bill show that new project entries amount to N844.49bn across MDAs, while the total rises to N3.50tn when Service Wide Votes are included.
Against the proposed capital budget of N23.21tn for 2026, the combined new project provision of N3.50tn represents 15.09 per cent of total capital expenditure.
The Service-Wide Votes component within the new project portfolio totals N2.66tn, reflecting the concentration of the largest single allocations outside conventional ministerial capital lines.
Earlier in December 2025, the Federal Government ordered ministries, departments, and agencies to carry over 70 per cent of their 2025 capital budget into the 2026 fiscal year as the administration moves to prioritise the completion of existing projects and contain spending pressures in the face of weak revenues.
