According to the Nigerian Presidency’s Twitter account, Mr. Osinbajo signed the appropriation bill at 4:40 p.m. local time at the State House in Abuja.
Acting President Yemi Osinbajo signed the 2017 budget into law on Monday afternoon, the Presidency announced on Twitter.
‘‘Acting President @ProfOsinbajo assents to the 2017 Budget, in the presence of senior Govt officials from Legislature & Executive #Budget2017
10:01 PM – 12 Jun 2017’’
The budget, dubbed the “Budget of Economic Recovery and Growth,” aims to pull Nigeria out of its recession, which began last year in the midst of falling oil prices.
According to the Nigerian Presidency’s Twitter account, Mr. Osinbajo signed the appropriation bill at 4:40 p.m. local time at the State House in Abuja.
Mr. Osinbajo, acting in the capacity of president during President Muhammadu Buhari’s medical leave, confirmed the development on his Twitter page.
‘‘I just signed 2017 Budget into law. It’s an important milestone in our economic recovery & growth plan laid in April by President Buhari.
9:52 PM – 12 Jun 2017’’
It would be recalled that the National Assembly passed the N7.44 trillion budget in May 2017.