The decision was taken at a meeting of the council presided over by the President, Major General Muhammadu Buhari .
Ahmed explained, “In the last Finance Bill 2019, we reduced taxes from 30 per cent to 20 per cent for enterprises that have turnover of between N25m to N100m. “Another example is the reduction in the duties for vehicles that will be related to the mass transit. Again, no increase in taxes and no increase in VAT.”