Budget crises: National Assembly Sets To Veto 2016 Budget As Deadline Expires

President Muhammadu Buhari
President Muhammadu Buhari

The ongoing budget feud between the presidency and the house of assembly took a new twist as the deadline for signing the 2016 budget expired.

The emerging crisis was in the face of claims by legislators that the budget with the President cannot be rewritten under the law.

The legislators have also dismissed calls for a supplementary budget, saying the only option open to the President was to sign what was passed to him and forward an amendment bill on the 2016 appropriation bill to take care of his interests.

The deadline for the President to sign the 2016 budget as presented to him on March 23 passed at the weekend.

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The house of assembly is set to veto the 2016 budget, since the president refuses to sign it into law, citing a section of the constitution that gives them such power.

The section states thus: “Where the President, within 30 days after the presentation of the bill to him, fails to signify his assent or where he withholds assent, then the bill shall again be presented to the National Assembly sitting at a joint meeting, and if passed by two-thirds majority of members of both houses at such joint meeting, the bill shall become law and the assent of the President shall not be required.”


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Arinze Esomnofu is a Content writer with Edliner.com He is not only talented but also passionate about writing and reporting as he has had some of his op-ed article featured in top Nigerian Online and Traditional media houses. He is also a freethinker on religious matters.

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