There has been a last-minute cancellation of much awaited siogning of the 2017 budget by Acting President Yemi Osinbajo.

It was gathered that the document had been slated for signing by 9:00a.m on Thursday.

A source said that the budget was due to be signed on Thursday and that the presiding officers of the National Assembly had been invited to witness the exercise.

But the Presidency made a last-minute cancellation of the exercise.

It was gathered  earlier on Wednesday that a team from the Presidency had met with the leadership of the National Assembly where it was disclosed that the budget would be signed the next day.

A source at the meeting said signing of the budget was the main issue that the presidential team discussed with the lawmakers.

But later in the evening, the leadership of the National Assembly was informed that the exercise would no longer go on as planned. (TheCable)