Buhari to Sign Budget on Friday

by on May 5, 2016

All things being equal, President Muhammadu Buhari will sign the 2016 Appropriation Bill into law on Friday.

A source, who spoke on a condition of anonymity on Thursday, said the President is now “ready” to sign the budget on Friday.

According to him, a clean copy has been sent to the Presidency from the National Assembly.

He said: “All things being equal, the President will on Friday assent the 2016 Budget.”

“The two committees have finished their work and a clean copy is now with the Presidency.”

Many grey areas in the Budget passed by the National Assembly and the N6.08 trillion proposal presented by President Buhari on  December 22 last year had stalled the signing of the appropriation bill.

Apart from reducing the proposal by N17 billion, the lawmakers also introduced new projects, while it removed other critical projects in the President’s proposal.

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