Friday 6 May 2016

PRESIDENT BUHARI SIGNS 2016 BUDGET INTO LAW

President Muhammadu Buhari has finally signed the 2016 budget.
Buhari’s assent finally brings an end to the controversy surrounding the budget.

The National Assembly had in April transmitted 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 corrected  and sent back to the president, but again the Presidency still 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 reveals that all grey areas have now been addressed and the budget has been signed by the president into law. 

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