Home News Acting President Osinbajo to Sign 2017 Budget Into Law On Thursday
News

Acting President Osinbajo to Sign 2017 Budget Into Law On Thursday

Share
Share

Acting President Yemi Osinbajo will sign the 2017 Budget into law on Thursday by 9am at the Presidential Villa.

Okay NG gathered that the representatives of the President had just concluded a meeting with the leadership of the National Assembly where the date and time of the budget has been announced.

The National Assembly on Thursday, May 18, passed the N7.44 trillion 2017 Appropriation Bill after over 4 months since it was submitted by President Muhammadu Buhari to a joint session of the National Assembly.

Both houses raised the figure from N7.30 trillion presented by the president to N7.44 trillion.

The National Assembly transmitted same to the President on Friday May 19 for assent.
President Buhari’s absence

Meanwhile, the absence of President Muhammadu Buhari has raised a lot of questions as to who would sign the budget.

However, Osinbajo has doused the misconception when he told Nigerians that he would sign the document into law as Acting President.

While presenting his Democracy Day speech on May 29 , Osinbajo had promised that the budget would be signed soon.

About two days after the speech, there are now clear indication that the budget would be signed into law on Thursday June 1.

According to a NAN source, the leadership of the National Assembly have been briefed on the time and venue where the Appropriation Bill document would be signed into law.

Share
Related News
News

Nigeria’s Hajj Commission Reduces 2026 Pilgrimage Fare, Sets Final Payment Deadline

The National Hajj Commission of Nigeria (NAHCON) has announced a major reduction...

News

Fed Govt To List N1tr Real Estate Fund On NGX To Boost Affordable Housing

The Federal Government will tomorrow list its N1 trillion real estate investment...

News

Zamfara Governor Approves Construction Of New NUJ Secretariat In Gusau

Zamfara State Governor Dauda Lawal has approved the construction of a new...

News

Ned Nwoko Alleges Enemies Exploiting Regina Daniels’ Health To Damage His Reputation

Senator Ned Nwoko, who represents Delta North Senatorial District in Nigeria’s National...