Sani Wilson Enemona

The 2021 appropriation bill passed last week by the National Assembly will be signed into law Thursday 31, December 2020 by President Muhammadu Buhari.

This was confirmed to journalists by the presidential spokesman, Garba Shehu.

The Vice President Yemi Osinbajo, Senate President Ahmad Lawan, Speaker Femi Gbajabiamila of the House of Representatives, principal officers of National Assembly and chairmen of the appropriations committees of both chambers are expected to be present at the ceremony.

The occasion will also be graced by the members of the Federal Executive Council (FEC), Minister of Finance, Budget, and National Planning, Hajiya Zainab Ahmed, Minister of State, Budget and National Planning, Clement Agba, Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, and Director General, Budget Office, Ben Akabueze among others.

The 2021 budget is expected to be presented to President Buhari for signing by Senator Babajide Omoworare, Senior Special Assistant (SSA) to the President on National Assembly (Senate) and Umar El Yakub, his counterpart in the House of Representatives.

The event maybe conducted virtually due to the second wave COVID-19 pandemic.

The Presidency had earlier confirmed the receipt of the 2021 appropriation bill from the National Assembly.

Analysts disclosed that the January-December budget cycle will be sustained with this development.

The National Assembly, during an emergency session convened last week Monday, passed a N13.58 trillion budget for the 2021 fiscal year.

The budget was passed after it was considered and adopted by the two chambers.