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Friday, 6 May 2016

BREAKING BUHARIS SIGN'S 2016 BUDGET

BUHARIII

resident Muhammadu Buhari on Friday signed the 2016 Appropriation Bill into law ending weeks of face-off between the National Assembly and the Executive.
BUHARIII
The budget was signed at a brief ceremony held inside the President’s office at the Presidential Villa, Abuja
Those who witnessed the event included Vice-President Yemi Osinbajo; President of the Senate, Bukola Saraki; Speaker of the House of Representatives, Yakubu Dogara; Chairman of the All Progressives Congress, John Odigie-Oyegun; and chairmen of the Appropriation Committees of both chambers of the National AssemblyThe came after the national assembly had unanimously approved the budget estimates of N6.06 trillion from the initial N6.08 trillion and transmitted to the presidency with the highlight, but failed to attached the details. Reacting, the president declined to give his assent, insisting on seeing the details. But the details made available later proved to be incredibly padded, prompting the Executive arm to return the budget for a rework. This unfortunately had taken almost 5 months, causing untold hardship on citizenry. But apparently satisfied with the corrections made on the document, the president on Friday put ink on paper, signing the dotted lines. 

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