Acting President Yemi Osinbajo,today, Monday, June 12, 2017, signed the 2017 budget into law, which plans a record spending to pull Africa’s biggest economy out of recession.

Speaking after signing the budget, Osinbajo said: “I noted that our path to progress & abundance is clear. The tools are in place & the resilient resourceful & hardworking Nigerian people are set to go. I have no doubt that by the grace of God, the bleakness of recession is about to witness the uplifting dawn of abundance.”

“This budget is a budget of economic recovery and growth. It is designed to bring Nigeria out of recession,” Osinbajo said after the signing.