Osinbajo Signs N7.441trn 2017 Budget Into Law

Pinterest LinkedIn Tumblr

It has been confirmed that Acting President, Prof. , on Monday afternoon, June 12 signed the 2017 budget of N7.441 trillion into law.

The event, witnessed by Senate President Bukola Saraki and House Speaker Yakubu Dogara, among other top government functionaries, took place in the Aso Presidential Villa hours after Osinbajo was directed to sign the budget by President Muhammadu Buhari, currently on extended sick leave in London.

Buhari, according to Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, observed that it is in the interest of the nation’s economy for Acting President Osinbajo to sign the 2017 Appropriation Bill into law.

ALSO SEE  Osinbajo: Vice President Denies Plan To Run For Presidency In 2019

In a statement issued in Abuja, Shehu quoted Buhari as saying that the signing of the budget by the acting president would further buttress unity at the highest level of government.

Shehu also stated that the President was delighted over the decision of the Federal Executive Council (FEC) to submit 2018 budget proposals by October, while the National Assembly would conclude the Appropriation process by December 2017.

ALSO SEE  Osinbajo Launches World’s Biggest Fertiliser Plant In Rivers Today

He said: Following the receipt of full brief on the 2017 Appropriation Bill as passed by the National Assembly, and to buttress the unity at the highest level of government, President Muhammadu Buhari has indicated that it is in the interest of the nation’s economy for the Acting President, Prof. Yemi Osinbajo, to sign the Appropriation Bill into law.

ALSO SEE  Obasanjo Slams Buhari Again, Calls Trader Moni Scheme Idiotic

The President also said he was pleased by the joint resolution that the Executive would submit next year’s budget proposals by October 2017.

Write A Comment