Acting President, Yemi Osinbajo, has formally received the 2017 Appropriation Bill recently passed by the National Assembly last week.
The Senior Special Assistant to the President on National Assembly Matters (Senate), Mr. Ita Enang, presented the document in a meeting held behind closed doors at the Presidential Villa.
Briefing journalists after the meeting, Enang said that the Acting President would give approval to the budget after necessary procedures had been concluded.
“The budget as passed by the National Assembly has just been transmitted to the Acting President. I just delivered it.
“Let me use this opportunity to clarify an issue. The Acting President has the power to assent to the budget and he will assent to it when the processes are completed.
“The Acting President has the power to assent to the budget. In February, he assented to seven or eight bills. Those that he didn’t agree with, he wrote the Senate and House of Representatives that he had withheld his assent from them.
“He has the power of the president to assent to it. But the assent to the Appropriation Bill will be after the completion of the standard operation process. The bill has 30 days within which it will be assented to but the process can be completed within two or three days.
“So, it is not possible to say it will be assented to in so, so and so day or in two or three days. It’s upon the completion of the process that it will be assented to by the president and the president here now is the acting president,” Senator Enang said.
Mr. Laolu Akande, Senior Special Assistant to the Acting President, also confirmed this on his Twitter handle, @Akandeoj. He said that the bill is currently undergoing diligent consideration by the Executive arm of government.
“ 2017 Budget-Appropriations bill now officially received in the Acting President’s office and undergoing very prompt and diligent consideration,” Akande tweeted.