STATE HOUSE PRESS RELEASE
PRESIDENT BUHARI BACKS ACTING PRESIDENT TO SIGN 2017 BUDGET BILL
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.”
Senior Special Assistant to the President
(Media & Publicity)
June 12, 2017.
AFTER an unusually long delay of the 2017 Budget, the National Assembly, NASS, two months ago finally passed the 2017 Appropriation Bill amounting to N7.441trn – including N143bn added on by the lawmakers.
But controversy has dogged the signing of the budget into law.
While some groups and individuals insist that Acting President, Professor Yemi Osinbajo, cannot or should not sign the budget in the absence of President Muhammadu Buhari, others urge the Acting President not to sign on account of the N143bn increase by the National Assembly