A statement by Laolu Akande, Senior Special Assistant on Media and Publicity to Prof. Yemi Osinbajo, noted that the bill will undergo “very prompt and diligent” consideration by the Executive.
2017 Budget -Appropriations bill now officially received in the Acting President’s office & undergoing very prompt & diligent consideration.
— Laolu Akande (@akandeoj) May 19, 2017
Recall that the 2017 Budget with a total estimate of N7.441 trillion was last week passed by the National Assembly.
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President Muhammadu Buhari presented a proposal of N7.30 trillion to a joint session of the national assembly on December 14, but the assembly jerked it up by N143 billion.
According to the budget, from the N2.9 trillion earmarked for recurrent expenditure, N330 billion is for ministry of defence; N398 billion for ministry of education, and N252 billion for ministry of health.
Ministry of power, works and housing gets N32 billion and office of the national security adviser (NSA) gets N76 billion.
Of the N2 trillion set aside for capital expenditure, ministry of defence gets N139 billion; ministry of education, N56 billion, and ministry of health N55 billion.
Ministry of power, works and housing gets N533 billion and office of the national security adviser (NSA) gets N47 billion.
Prof. Osinbajo is expected to assent on the budget in the earliest possible time in other to kick-start the Economic Recovery and Growth Plan (ERGP) of President Muhammadu Buhari.