Osinbajo signs 2017 Budget following Buhari’s directive
Shortly after a statement from the presidency revealed that President Muhammadu Buhari has asked his deputy to sign the 2017 appropriation bill into law, Acting President Yemi Osinbajo at exactly 4:41pm on Monday assented to the document.
The event which took place at the Vice President’s Conference Room at presidential villa in Abuja was witnessed by the Senate President, Bukola Saraki and the Speaker of the House of Representatives, Yakubu Dogara, who were joined by the Deputy Senate President, Ike Ekweremadu, Senate Leader, Ahmed Lawan, and Senator Danjuma Goje.
The document tagged ‘Budget of growth and recovery’ was passed by the National Assembly on May 11, after raising the estimate to N7.44 trillion from the N7.28 trillion presented by President Muhammadu Buhari to a joint session of the parliament in December 2016.
Also at the signing ceremony were the President’s Chief of Staff, Abba Kyari, Head of Service, Winifred Oyo-Ita, Minister of Budget and National Planning, Udoma Udo Udoma, Minister of Finance, Kemi Adeosun, Minister of Information, Lai Mohammed, Senior Special Assistant to the President on National Assembly matters (Senate), Ita Enang, Senator Phillip Aduda.
The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, had in a statement issued earlier on Monday explained that his principal stated that it was in the interest of the country that his deputy signs the budget.
The statement read, “Following the receipt of a 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, Professor Yemi Osinbajo, to sign the appropriation bill into law.
“In a letter dated June 10, 2017, which he personally signed and addressed to the minister of budget and national planning, Senator Udoma Udo Udoma, the president also said he was ‘pleased by the joint 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’.”
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