Nigeria’s President, Muhammadu Buhari, has signed the 2016 budget into law.
This assent has now given way for the full implementation of the budget.
The ceremony was witnessed by the Vice President Yemi Osinbajo, the
Senate President, Dr. Bukola Saraki and the Speaker of the House of Representatives, Yakubu Dogara.
While the President says that the budget must be able to work for the people, the Senate President said that with the signing of the budget, “what is important now is its implementation”.
The Budget Minister, Udo Udoma, said that the budget size was slightly lower than the figure the executive submitted.
What was eventually signed was 6.6 trillion Naira on the revenue assumption of $38 crude oil price.
channelstv
This assent has now given way for the full implementation of the budget.
The ceremony was witnessed by the Vice President Yemi Osinbajo, the
Senate President, Dr. Bukola Saraki and the Speaker of the House of Representatives, Yakubu Dogara.
While the President says that the budget must be able to work for the people, the Senate President said that with the signing of the budget, “what is important now is its implementation”.
The Budget Minister, Udo Udoma, said that the budget size was slightly lower than the figure the executive submitted.
What was eventually signed was 6.6 trillion Naira on the revenue assumption of $38 crude oil price.
channelstv
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