19 May 2017

Nigeria: Yemi Osinbajo Receives 2017 Budget

Abuja — Acting President Yemi Osinbajo on Friday received the 2017 budget passed by the National Assembly last week.

The Senior Special Assistant to President Muhammadu Buhari on National Assembly Matters (Senate), Mr. Ita Enang in a closed door session presented the document to Osinbajo at the Presidential Villa, Abuja.

The budget first presented in December 2016 before the two chambers of the national assembly by the President had an estimate of N7.28 trillion but was raised to N7.44 trillion by the federal lawmakers.

Details of the budget showed that N434.4 billion was appropriated for statutory transfers to the National Judicial Council (N100 billion); Niger Delta Development Commission (N64.02 billion); Universal Basic Education (N95.2 billion); National Assembly (N125 billion); Public Complaints Commission (N4 billion); INEC (N45 billion); and National Human Rights Commission (N1.2 billion).

Briefing Journalists, Enang said that the Acting President would assent to the budget after necessary procedures had been concluded.

In a tweet, the Spokesman to Osinbajo, Mr. Laolu Akande said that the Appropriation Bill would under some consideration.

"2017 Budget-Appropraitions Bill now officially received in the Acting President's office & undergoing very prompt and diligent considerations", he tweeted.

Details of the meeting later

Nigeria

Operators Kick Over 20-Plane Per Airline, Merger Calls

Airline operators have kicked over the proposal to benchmark the minimum planes a local airline should have in its fleet… Read more »

Copyright © 2017 Vanguard. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 900 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.