The Senate has passed the Finance Bill 2020 transmitted to the National Assembly two weeks ago for consideration and passage.
They are Capital Gains Act; Companies Income Tax Act; Industrial Development Act; Personal Income Tax Act; Tertiary Trust Fund Act; Customs and Excise Duties Tariff; Value Added Tax Act; Stamp Duties Act; and Electronic Transaction Levy. According to him, the proposed amendment to the bill seeks to: “adopt appropriate counter-cyclical fiscal policies to respond to the economic and revenue challenges precipitated by the decline in international oil prices, as well as the impact of the COVID-19 Pandemic on the Nigerian economy;
Rubber-stamp senate... I heard the World bank has given them another allowee to loot amongst themselves with the presidency
Their financial bill?