Acting President Yemi Osibanjo signs 2017 Appropriation Bill into law

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Nigeria Acting President, Prof. Yemi Osibanjo has signed the 2017 Appropriation Bill into law.

The Acting President signed the N7.44trillion Budget into law at about N4.40pm today, Monday 12 June.

The brief ceremony was witnessed by the Senate President, Dr. Bukola Saraki, Speaker of the Federal House of Assembly, Yakubu Dogara, Chief of Staff to the President, Abba Kyari, Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang, Senior Special Assistant to the President on National Assembly Matters, (House of Reps), Suleiman Kawu, Minister of Budget and National Planning, Udoma U. Udoma and Minister of Finance, Kemi Adeosun.

Acting President Osinbajo said his signing of the budget was a milestone in the implementation of the economic and growth plan programme put in place by President Buhari in April.

He said the processes of putting the budget in place had been smoother than that of 2016 with no allegations of errors.

“There were far few cases of acrimony unlike in the past. There is no doubt at all that our democracy is maturing very well,” he said.

The National Assembly passed the 2017 Appropriations Bill on May 10 after raising from the N7.28 trillion earlier proposed by President Muhammadu Buhari in December last year, to N7.44 trillion.

 

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