Osinbajo to sign budget 2017 into law - Presidency

- The presidency has promised to give the
2017 budget the urgency it merits
- They promised by signing it into law
immediately it is transmitted to it.
- It assured that Acting President Yemi
Osinbajo would not hesitate to perform the
all-important ritual
The presidency has promised that the
2017 budget will be signed immediately
by Acting President Yemi Osinbajo when
it gets to them.
According to a report by Vanguard, the
presidency assured that it would not
hesitate to perform the all-important
The presidency however stated that the
Clerk of the National Assembly was yet
to transmit the document, even as it
says it is anxiously waiting for it to
arrive at Aso Rock.
Acting President Yemi Osinbajo has the full
powers constitutionally to assent to the bill
The National Assembly passed the
Appropriation Bill into law on
Thursday, May 11 after much delay that
held up the document for five months.
Details of the budget showed that
N434.4 billion was appropriated for
statutory transfers to the National
Judicial Council (N100 billion); Niger
Delta Development Commission (N64.02
billion); Universal Basic Education
(N95.2 billion); National Assembly
(N125 billion); Public Complaints
Commission (N4 billion); INEC (N45
billion); and National Human Rights
Commission (N1.2 billion).
NAIJ.com gathered that a top presidency
source assured Nigerians of speedy
presidential assent to the bill especially
as the life of the 2016 budget had
elapsed early last week.
“The budget has not been officially
transmitted to us yet…so until it is
transmitted formally by the Clerk of the
National Assembly we should not be
discussing signing.
“But the presidency is keenly awaiting
the budget and we have assurances that
it is on its way. We shall act with
urgency and promptly when we get it”,
the source said.
NAIJ.com had reported on Tuesday, May
9 that the Senate had received the 2017
budget report after much delay.
The 2017 appropriation report was laid
before the upper house of legislature by
chairman of the senate committee on
appropriations Senator Goje during
plenary on Tuesday.
The budget had been expected to be
passed last week, before Friday, May 5,
when the 2016 budget officially expired
but was stepped down by the upper
house of legislature.

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