Osinbajo: to sign 2017 Appropriation Bill

Acting President Yemi Osinbajo will sign Nigeria’s 2017 Appropriation bill which was submitted to him about three weeks ago into law later on Monday, the presidency has said.

This magazine gathered that the budget will be signed into law by the Acting President when he returned from Awka, Anambra State to Abuja today. The signing ceremony has been scheduled for 4 pm.

Garba Shehu, media aide to the President announced the development in a statement titled, “President Buhari Backs Acting President to Sign 2017 Budget Bill”

The statement reads: “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.”