The Presidency Sunday night said the 2017 budget will be assented to by Acting President Yemi Osinbajo once the document is transmitted to him by the clerk of the National Assembly.

Vanguard quoted a top source in the Presidency saying Osinbajo would not hesitate to assent the awaited document. The Presidency added that the Clerk of the National Assembly was yet to transmit the document.

“The budget has not been officially transmitted to us yet…so until it is transmitted formally by the Clerk of the National Assembly we should not be discussing signing.

“But the Presidency is keenly awaiting the budget and we have assurances that it is on its way. We shall act with urgency and promptly when we get it,” the Source was quoted to have said.

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The National Assembly had passed passed the 2017 Appropriation Bill into law on Thursday last week.
The budget which was presented to the National Assembly in December 2016 with an estimate of N7.28 trillion was raised to N7.44 trillion by legislators.

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).

Nigerians are eagerly waiting for the presidential assent of the 2017 budget as the 2016 budget expired last week.