JUST IN: Osinbajo Demands N136bn For ‘Critical Priority’ Projects

Acting President Yemi Osinbajo has today written the House of Representatives to request N 136. 5 billion for critical projects in the 2017 national budget.

Osinbajo earlier signed the 2017 Budget in June upon the agreement between the Executive and Legislature that a
request for virement can be sent later, which he is now doing.

The projects include the railway standard gauge projects, the Mambilla Power Project , the Second Niger Bridge, the Lagos- Ibadan Expressway etc.

The Acting President added that the budgetary allocations would be reinstated by way of an application for virement by the Executive.

“It is as a result of that understanding and the outcome of our detailed engagements that we feel able to sign the 2017 Appropriations Bill into law today, ” he said.