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Osinbajo Signs N7.441 Trillion 2017 Budget Into Law

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The Acting President Yemi Osinbajo on Monday finally signed the 2017 Appropriation Bill into law.

The signing of the N7.441 trillion into law was disclosed on the Acting President’s twitter account.

He wrote: “I just signed 2017 Budget into law. It’s an important milestone in our economic recovery & growth plan laid in April by President Buhari.”

This comes after Osinbajo reportedly got the nod of the President Muhammadu Buhari who ‘s London for treatment for over 2 weeks now.
“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,” Garba Shehu, the senior special assistant to the president on media and publicity had said.
“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.”

 

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Akin Akingbala is an international journalist based in Lagos, Nigeria. Aside being happily married, he has interests in music, sports and loves traveling.

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