The presidency had made pubic the breakdown of Finance Bill, 2019, which was submitted to the National Assembly by President Muhammadu Buhari alongside the 2020 Appropriation Bill, and signed into law by the president on Jan. 13, 2020. The breakdown was released by Mr Laolu Akande, Senior Special Assistant to the President on Media and
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The Federal Government has commenced the immediate implementation of some aspects of the Finance Act with the implementation of 7.5 percent Value Added Tax on government transactions. The Accountant-General of the Federation, Alh Ahmed Idris, confirmed the development during a chat with journalists on Wednesday in Abuja. The move followed the signing of the Finance
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The Nigerian President, Muhammadu Buhari, on Monday, signed the 2020 Finance Bill into law. The Special Adviser to the President on Media and Publicity, Mr Femi Adesina, confirmed this development in a statement in Abuja. According to the presidential aide, this is sequel to its passage by the National Assembly and subsequent forwarding by the legislature
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