President Buhari Finally Signs the Long Awaited Budget 2016

Finally, President Mohammadu Buhari has signed the 2016 Appropriation Bill, giving way for full implementation of the budget. 

The signing took place just a moment ago at the presidential Villa, Abuja. President Buhari received a copy of the budget from the National Assembly yesterday May 5th. and signed the budget in the presence of the Vice President, Professor Yemi Osinbajo, and the chairmen of the National Assembly appropriation committees.

Recall that the budget was laid before a joint session of the National Assembly on December 22, 2015. Work on the document began shortly after the Christmas break upon the resumption of the National Assembly for legislative duties. 

But a plethora of arguments and counter-arguments later ensued between the presidency and the national assembly following the controversial “padding” of the budget against the wishes of President Buhari. This 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 obviously satisfied with the corrections made on the document, the president on Friday put ink on paper, signing the dotted lines.
Congratulations Nigerians!


Author & Editor

TundeGold is Digital Media Certified and an H.R Specialist. He is a Blogger who loves writing on topics relating to Leadership and Career Development. Click HERE to view His Full Profile


Post a comment

We love to hear from you, make use of the comment field after every post and drop your comments. Also tick the box in the comments area to get notified via your email for the replies on your comments. Thanks

*Comments on this Web are NOT posted by Tundegold.
*Readers are SOLELY responsible for the comments they post.
*Also, where necessary, all posts are duly referenced.Thank you.

We work really hard and put a lot of effort and resources into our content, providing our readers with plagiarism-free articles, original and high-quality texts.

Contents on this website may not be copied, republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. Proper acknowledgement include, but not limited to (a) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes, (b)"FAIR USE" in the case of re-publication on online media.

About possible consequences you can read here:What are the consequences of copyright infringement?

Tundegold is a property of Grandunicorn Limited and we have all legal actions at our disposal to take within and outside the internet in effort to protect our intellectual properties. All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA).