Friday, May 6, 2016

President Buhari Signs 2016 Budget Into Law


President Muhammadu Buhari has finally signed the proposed 2016 budget into law.

President buhari 2016 budget

President Buhari’s assent finally brings an end to the controversy surrounding the budget.

The National Assembly had in April 2016 transferred details of the budget to the president after it had passed the bill on March 23, but the President returned the document back, citing omission of certain capital projects. This was worked on and sent back, but again the Presidency refused to sign.

Recall that the Deputy Chairman of the House Committee on Media and Public Affairs, Jonathan Gaza, yesterday said the corrected version of the 2016 budget has been resent to the President for consideration.

Speaking with journalists at the National Assembly complex, Gaza said the budget was transmitted to the Presidency through the Special Assistant to the President on National Assembly Matters, Senate, Senator Ita Enang.

Available report has, however, revealed that all grey areas have now been addressed and the budget has been signed.

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