The President also declined assents to seven other bills forwarded to him by the National Assembly in February.President Buhari
“Bills seeking to make appropriation of revenues to fund public expenditure should be consolidated in the annual Appropriation Act. He added:”Relevant stakeholders such as the Ministries of Mines and Steel Development, Industry, Trade and Investment were not fully consulted. “Section 32 of the bill, introduces a two and half per cent levy on the profit before tax of the target companies which will increase the tax burdens of the companies while offering no direct benefit to them.“A five per cent levy on luxury goods, which duplicates efforts by the Federal Ministry of Finance to raise excise on such goods in a more sustainable manner to the benefit of the Federal Government treasury,” he said.
vanguardngr During 2019 presidential election campaign, GMB said he will complete the Ajaokuta steel...huh! This is truly next level...
vanguardngr Is this President normal, is he actually a Nigerian? Is Nnamdi Kanu correct about Jubril of Sudan? Why is this President anti Progressive? Am asking with passion, I need an answer.
vanguardngr Hahahaha
vanguardngr The full statement of the president is part of the reason why Nigeria won't work. So many things are tied to too little a thing.
vanguardngr Mr. Go Slow....
vanguardngr He always declining to sign bills that will help this country .... and people voted him back
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