Abuja, Nigeria – February 18, 2026: Fresh concerns have emerged within the Federal Executive Council as several ministers openly expressed frustration over the delayed release of more than ₦10 trillion in capital allocations captured in the 2026 Appropriation Act. The funding, earmarked for critical infrastructure, health, education, defence, and agricultural projects, has reportedly stalled amid revenue shortfalls and cash flow constraints.

Multiple ministries confirmed on Tuesday that while recurrent expenditures — including salaries and overheads — are being processed, capital project disbursements remain significantly behind schedule.

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A senior official in the Ministry of Works disclosed that ongoing road and bridge projects across key corridors have slowed due to non-release of funds, warning that contractors may begin demobilising from sites if payments are not made urgently.

Sources within the Ministry of Finance attributed the delay to lower-than-expected revenue inflows in the first quarter of 2026, compounded by debt servicing obligations and foreign exchange pressures. Nigeria’s revenue performance has faced strain despite the Nigeria Revenue Service’s ambitious ₦40.7 trillion revenue target for 2026, following the ₦28.3 trillion reportedly generated in 2025. Insiders say cash management adjustments are currently underway to prioritise strategic sectors.

Economic analysts warn that prolonged capital funding delays could weaken GDP growth projections and undermine investor confidence. Infrastructure experts note that the capital component of the national budget plays a key role in stimulating economic activity, job creation, and private-sector participation. A development economist in Abuja described the situation as “a liquidity bottleneck rather than a budget failure.”

As of press time, the Presidency has not issued an official statement on the stalled releases. However, finance officials hinted that phased disbursements may commence before the end of the current quarter, pending improved revenue inflows and fiscal balancing measures. Observers say the coming weeks will be critical in determining whether major 2026 projects remain on track or face further delays.