Why Osinbajo Delayed Budget Signing.
Speaking shortly before signing the 2017 National budget into law on Monday, Acting President Yemi Osinbajo revealed why he delayed in signing the 2017 appropriation bill.
Acting President Yemi Osinbajo on Monday, explained while he delayed in signing the 2017 appropriation bill into law.
The National Assembly passed the N7.44 trillion budget on May 11, but Prof. Osinbajo only assented to it Monday, over a month after.
But speaking shortly before assenting to the law on Monday, the acting President said the delay was due to disagreements between the executive and the National Assembly on the changes made in the proposal.
According to him, the executive believed the changes fundamentally affected some of its priority programmes and would make implementation extremely difficult and in some cases impossible.
He said the leadership of the National Assembly however “adopted a commendably patriotic and statesmanlike approach on engagement in resolving these critical issues.’’
Mr. Osinbajo said the executive only agreed to sign the law after the President of the Senate, Bukola Saraki, and the Speaker of the House of Representatives, Yakubu Dogara, made commitments to re-instate budgetary allocations for all important executive projects.