Friday, August 18, 2017

Budget signing cancelled last minute

Budget signing cancelled last minute
May 31
18:59 2017

Acting President Yemi Osinbajo will no longer sign the 2017 budget by 9am on Thursday, TheCable can report.

A source had told TheCable that the budget was due to be signed on Thursday and that the presiding officers of the national assembly had been invited to witness the exercise.

But the presidency made a last-minute cancellation of the exercise.

TheCable learnt earlier on Wednesday that a team from the presidency had met with the leadership of the legislature where it was disclosed that the budget would be signed the next day.

A source at the meeting said signning of the budget was the main issue that the presidential team discussed with the lawmakers.

But later in the evening, the leadership of the national assembly was informed that the exercise would no longer go on as planned.

A few days ago, there was a controversy over whether Osinbajo would sign the budget or not. But his aide, Laolu Akande, said he would do so when he is satisfied with it.

The national assembly passed the budget on May 11, and it was transmitted to the presidency on May 18.

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Copyright 2017 TheCable. Permission to use quotations from this article is granted subject to appropriate credit being given to as the source.

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1 Comment

  1. Ola
    Ola June 01, 10:43

    A shame upon shame.. What a foul play by the APC led administration. Wonders shall never end. We shall see in 2019 by God grace amen.

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