Acting President, Professor Yemi Osinbajo finally signed the 2017 budget, exactly one month after it was passed.
Shortly after he signed it at the presidential villa, Osinbajo explained
that the delay in the signing of the 2017 Appropriation Bill was due to
disagreements between the executive and the National Assembly.
According to him, ‘the final presentation and the signing of the budget has been considerably delayed.
This was largely due to disagreements we had about the changes
introduced to our 2017 Budget proposals by the National Assembly”.
He continued to say, ‘the Executive took the view that the changes
fundamentally affected some of our priority programmes and would make
implementation extremely difficult and in some cases impossible.”
He, however, said the disagreements were resolved and the leadership of
the National Assembly promised to reinstate budgetary allocations for
important executive projects.