Acting President Yemi Osinbajo has attributed the delay in the signing of the 2017 Appropriation Bill to disagreements between the executive and the National Assembly.
Osinbajo penned the bill into law on Monday, four weeks after it was passed by the National Assembly, comprising the Senate and the House of Representatives.
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 professor of law, however, said both arms of the federal government were able to resolve the disagreements as the National Assembly promised to reinstate budgetary allocations for important executive projects.
Osinbajo listed the railway standard gauge projects, the Mambilla Power Project, the Second Niger Bridge, the Lagos-Ibadan Expressway etc. as the projects tampered with by the lawmakers.
He explained that the budgetary allocations for those projects would be reinstated by way of an application for virement by the Executive.
It is as a result of that understanding and the outcome of our detailed engagements that we feel able to sign the 2017 Appropriations Bill into law today.