Friday, May 6

President Buhari Finally Signs The Budget.


President Buhari this morning signed the 2016 budget. He received a clean copy of the budget from the National Assembly yesterday May 5th. Buhari signed the budget in the presence of the Vice President, Professor Yemi Osinbajo, and the chairmen of the National Assembly appropriation committees.

Buhari’s assent finally brings an end to the controversy surrounding the budget.
The National Assembly had in April transmitted details of the budget to the president after it had passed the bill on March 23, but the President returned the document back, citing omission of certain capital projects. This was worked on and sent back, but again the Presidency refused to sign.

Available report has, however, revealed that all grey areas have now been addressed and the budget has been signed.

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