Osinbajo Sets New World Record, Becomes The First Vice President In Nigeria To Sign The National Budget

By Post-Nigeria June 12, 2017 15:06

Osinbajo Sets New World Record, Becomes The First Vice President In Nigeria To Sign The National Budget

Acting President, Yemi Osinbajo, has on Monday, signed the 2017 Appropriation bill into law, as directed by President Muhammadu Buhari, the Presidency claims.

Recall, that the budget was passed by the National Assembly some weeks back, while Buhari left Nigeria for the United Kingdom, on 7th May, to follow up on his medical consultation with his Doctors.

The budget which was presented in December 2016 before the two Chambers of the National Assembly by Buhari, had an estimate of N7.28 trillion, but was raised to N7.44 trillion by the Federal Lawmakers.

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).


HAPPENING NOW: Saraki, Dogara, Rush To Aso Rock To Witness The Signing Of The 2017 Budget By Acting President Osinbajo

Information made available to Post-Nigeria, revealed that the leadership of the National Assembly, Bukola Saraki, and Rt. Hon. Yakubu Dogara, will witness the signing of the 2017 budget into law, by the Acting President, Yemi Osinbajo, at the Presidential Villa, today.

Osinbajo is expected to sign the budget at a low-key ceremony scheduled for 3:00 pm, on Monday.

“The Senate President and the Speaker of the House of Representatives, are on their way to join the Acting President”, a reliable source said.

“All grey areas have been sorted, and the budget is ready for signing into law any time today.”

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