Buhari declines assent to bill seeking $1bn for completion of Ajaokuta steel company, l7 others - Daily Post Nigeria

President Muhammadu Buhari has refused assent to the bill seeking for $1 billion for the completion of Ajaokuta Steel Company.

The President in his refusal to sign the Ajaokuta Completion Fund Bill as stated in a letter dated March 19, 2018, said appropriating $1billion from the Excess Crude Account as requested for in the bill by the federal lawmakers is not the best strategic option for Nigeria at this time of budgetary constraints.

“Furthermore, as the Excess Crude Account Funds belong to the Federation, it would be proper to consult with the National Economic Council where the States are represented. In another letter of refusal of assent dated March 27, President Buhari cited provisions contained in section 32 of the Small and Medium Enterprises Development Agency Bill 2018 as the major reason for refusing assent to it.

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Tweetwizzard are you surprised that BUHARI declines assent bill seeking $1Bn for Ajaokuta steel company I'm not the government is such a shameful and inhumanly disease government my brother Nigeria hope no dey

Tweetwizzard Are you surprised this government is such a shame for humanity

Tweetwizzard Yes, talk about searching for oil in bauchi or kastina he will sign the bill.

Hm. Just keeps rejecting all the bills.

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