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2017 budget signing canceled… till further notice

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2017 budget signing canceled... till further notice

The Presidency on Wednesday refuted reports that it has fixed tomorrow Thursday June 1, to assent to the 2017 Appropriation Bill.

It said contrary to the reports, no date has been fixed yet, adding that it is making consultations in respect to the the signing of the document.

Feelers had emerged that the Acting President would sign the 2017 Appropriation Bill earlier passed by the National Assembly, after presidency officials met with the leadership of the federal legislature.

But the Senior Special Assistant to the President on National Assembly Maters (Senate) Senator Ita Enang while responding inquiries as to when the 2017 budget would be signed into law, said, “Further to several enquiries regarding action on the 2017 Appropriation Bill by the Executive, be informed that Assent to same is not yet scheduled as consultations and engagements are on going. Be please informed.”

Read also: Osinbajo signs 2 Bills to ease access to credit by MSMEs

President Muhammadu Buhari presented the 2017 Budget before a joint session of the National Assembly on Wednesday, December 14, 2016.

After about five months, the National Assembly on May 11, passed a total of N7,441,175,486,758 Appropriation Bill, injecting an additional N143billion, to the N7.298trillion initially presented by the president.

 

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