Nigeria’s Acting President Professor Yemi Osinbajo has signed the 2017 Appropriation Bill into law, a month after it was passed by the National ...
Nigeria’s Acting President Professor Yemi Osinbajo has signed the 2017 Appropriation Bill into law, a month after it was passed by the National Assembly.
The Senate President Bukola Saraki and the Speaker of the House of Representatives Yakubu Dogara,there all joined the Acting President Yemi Osinbajo at the Presidential Villa Abuja for the signing of the 2017 budget.
The National Assembly passed the budget of about N7.44 trillion naira on May 11 after increasing it from the N7.29tn proposed by the executive.
The Acting President ,Professor Osinbajo give details of signing the 2017 budget as “an important milestone” in the economic recovery and growth plan laid in April by President Buhari.
The Senior Special Assistant to President Muhammadu Buhari, Mr Garba Shehu, disclosed that the President had given Professor Osinbajo his backing to sign the budget.
In a statement Mr Garba also that the President had in a letter dated June 10 and addressed to the Minister of Budget and National Planning, Udo Udoma, said it is in the interest of the nation’s economy for the Acting President to sign the 2017budget.
Mr Garba Shehu further disclosed that President Muhammadu Buhari said he was pleased with a resolution that the Executive would “submit next year’s budget proposals by October 2017 and the National Assembly will conclude the Appropriation process by December 2017, so that the country can return to a normal fiscal period from next year onwards”