BREAKING: President Buhari Finally Signs 2016 Budget Into Law

After months of uncertainty and debates, President Muhammadu Buhari has finally signed the 2016 budget into law. The president signed the budget into law today in the presence of the Vice President, Professor Yemi Osinbajo, and the chairmen of the National Assembly appropriation committees who had arrived the Presidency for the signing ceremony.

Read Via the Cableng

The president’s assent to the budget is coming weeks after horse-trading between the presidency and the national assembly.

In April, the national assembly transmitted details of the budget to the president after it had passed the bill on March 23.

But the president returned the document to the national assembly on the grounds that there were “grey areas” in it that needed to be sorted out.

The legislature then constituted a 10-man committee to smoothed out the contours.

After a few weeks of legislative treatment, the final copy of the document was transmit to the president on Thursday.

And, on Friday, he signed it into law.