NewsFlash: Acting President, Yemi Osinbajo Signs 2017 Budget Into Law

Acting President Yemi
Osinbajo has signed the 2017
appropriation bill into law.
Mr. Osinbajo signed the
budget at about 4:40 p.m. on
Monday inside 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.
The total budget figure signed
is put at N 7.44 trillion.
Mr. Osinbajo said his signing
of the budget was a milestone
in the implementation of the
economic and growth plan
programme put in place by
Mr. 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.
President Buhari is away in the United
Kingdom for medical treatment.
It is the first time in recent years that an
acting president would sign the budget
into law.

Source- premiumtimes



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