Buhari Finally Signs 2016 Budget

 

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President Muhammadu Buhari has finally signed the 2016 budget, giving way for its implementation and revival of the troubled Nigerian economy.






     

     

    The signing took place on Friday at the Presidential Villa in the presence of Senate President Bukola Saraki, Speaker of the House of Representatives, Yakubu Dogara, Minister of Budget and National Planning, Udo Udoma, Minister of Finance, Kemi Adeosun, and others.

    The N6.06 trillion budget, which was presented by the President before a joint session of the National Assembly on December 22, 2015, has generated so much controversy, the latest being the allegation of inclusion and removal of projects by committee leaders in the National Assembly.

    The President had refused to sign the budget passed by the legislature, insisting that first the details be made available and later that the padded items be removed. This caused a lot of hardship on Nigerians, leading to calls that he could not handle the economy.

    Obviously pleased with the reworked document, he has now appended his signature almost five months into the new year.

     

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