After several months of deliberations, the 2017 budget was finally signed on Monday night by Acting President Yemi Osinbajo.
He attributed the delay in the signing of the 2017 Appropriation Bill to the disagreements between the Executive and the National Assembly.
“The final presentation and the signing of the budget has been considerably delayed.
“This was largely due to disagreements we had about the changes introduced to our 2017 Budget proposals by the National Assembly”.
“The Executive took the view that the changes fundamentally affected some of our priority programmes and would make implementation extremely difficult and in some cases impossible.”
The disagreements have however now been resolved with the National Assembly promising to give prominence to important executive projects in the budget.