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Home Economy

Osinbajo to sign 2017 budget Thursday

metro by metro
May 31, 2017
in Economy
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Acting President Yemi Osinbajo will sign the 2017 appropriation bill into law on Thursday, TheCable has learnt.

The national assembly passed the bill on May 11.

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A source told TheCable that Ita Enang, senior special assistant to the president on legislative matters, officially informed the leadership of the national assembly of the exercise on Wednesday.

“Enang informed the leadership of the senate that acting president would be sign the budget tomorrow at 9am,” he said.

“So, the presiding officers are expected to be there.”

On May 19, the budget was delivered to the acting president by Enang, who had earlier said it would be transmitted to President Muhammadu Buhari for assent.

Enang statement fueled speculation that Osinbajo did not have executive power, and that a “cabal” was in control in the absence of the president who is in the UK for medical treatment.

However, Laolu Akande, senior special assistant on media and publicity to the acting president, reacted saying his principal would sign the budget when he is satisfied with it.

“Just so we are clear: when the time comes, everything is set, & he is satisfied, Ag. President Yemi Osinbajo will assent to the 2017 Budget,” Akande had said.

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