National Assembly returns 2016 Budget to Presidency

There are strong indications that President Muhammadu Buhari may assent to the 2016 Appropriation Bill on Wednesday (today)‎ if his Ministers are able to conclude work on the adjusted budget details submitted by the panel constituted to address the grey areas in the budget.

A source close to the meeting between the leadership of the National Assembly and the Presidency, which ended at about 9:30pm on Tuesday, said that all the grey areas were addressed at the meeting.

The source added that what remains to be done is to produce the clean copy for President Buhari to sign.‎

The adjusted Budget details were finalised at about 10pm and copies sent to President Buhari.

It was gathered on Tuesday night that at the beginning of the scrutiny, the officials of the Presidency raised issues over some items.

Sources in the Presidency on Wednesday morning said copies of the document, which were submitted in the early hours of Wednesday, have been made available to ministers and other members of the executive for “final scrutiny” before assent by President Buhari.

It could be recalled that the budget processes have been going back and forth following the inclusion of N40 billion projects in the Ministry of Works, 386 projects in the Ministry of Agriculture and the removal of the Lagos-Calabar rail project, among others by the National Assembly.