To bridge the reporting gap, the BOF confirmed a provisional plan to release the full-year 2024 Budget Performance Report together with Q1 and Q2 2025 reports by the end of September. Beginning with the third quarter of 2025, the Office pledged to resume regular quarterly publications on schedule.

The Budget Office emphasised that the Fiscal Responsibility Act mandates the publication of quarterly BIRs and reaffirmed its statutory obligations. It described the reports not merely as accounting summaries, but as integrated expenditure data verified through on-the-ground assessments of projects across the country.

“The Federal Government remains resolutely committed to upholding Nigeria’s credibility with citizens, markets, and partners by publishing accurate data, restoring predictability in fiscal reporting, and anchoring the budget process firmly on the January–December cycle,” the statement said.

The Office also highlighted efforts to enhance monitoring systems, strengthen collaboration with Ministries, Departments, and Agencies, and expand digital integration of project and expenditure data, all aimed at ensuring timely and credible reporting in the future.

“The temporary delay should be seen not as backsliding, but as a reflection of the care taken to ensure accuracy, coherence, and credibility in Nigeria’s fiscal reporting during an exceptional budget cycle,” the BOF added, reaffirming the government’s commitment to transparency, accountability, and fiscal integrity.

The guardian