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Monday, 12 June 2017

News as Osibanjo Signs N7.441 Trillion 2017 Budget Into Law

Latest News as the Nigeria’s Acting President, Prof. Yemi Osinbajo on Monday signed the 2017 budget of N7.441 trillion into law. This puts to rest speculations that Osinbajo might have been delaying the signing of the budget to wait for Buhari’s return.


It is reported that Osinbajo signed the budget in his conference room in the presence of the Chief of Staff to President Muhammadu Buhari, Abba Kyari; Senate President, Bukola Saraki, Speaker of the House of Representatives, Yakubu Dogara, Ministers and other top government officials.
Osinbajo said his signing of the budget was a milestone in the implementation of the
economic and growth plan programme put in place by Buhari in April.
He said the processes of putting the budget in place had been smoother than that of 2016 with no allegations of errors.
“There were far few cases of acrimony unlike in the past. There is no doubt at all that our democracy is maturing very well,” he said.
The National Assembly passed the 2017 Appropriations Bill on May 10 after raising from the N7.28 trillion earlier proposed by President Muhammadu Buhari in December last year, to N7.44 trillion.

The Personal Assistant to President Muhammadu Buhari on New Media, Engagement Unit, Bashir Ahmad, on Monday took to his twitter handle, wrote: “Acting President, Prof. Yemi Osinbajo has signed the #Budget2017 into law at exactly 4:42 PM in his office at the Presidential Villa, Abuja.”

The acting president, Yemi Osinbajo also took to his twitter page to acknowledge that he has indeed signed the 2017 budget.
 He wrote: I just signed 2017 Budget into law. It's an important milestone in our economic recovery & growth plan laid in April by President Buhari.

Watch the video shared by Bashir Ahmad, the personal assistant to President Buhari as  Osinbajo signed the 2017 budget:
Recall that the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, disclosed  in a two-paragraph statement on Monday that Buhari had directed Osinbajo to go ahead and sign the 2017 Appropriation Bill into law.
WATCH VIDEO BELOW...
According to report the signing of the 2017 Appropriation Bill into law, comes over threes weeks after it was passed by the National Assembly.

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