A former Deputy Governor of the Central Bank of Nigeria , Obadiah Mailafia, speaks on the President’s assent to the nation’s Finance Bill into law.A former Deputy Governor of the Central Bank of Nigeria , Obadiah Mailafia, has commended President Muhammadu Buhari for signing the nation’s Finance Bill into law.
“It is very welcome in principle because normally when you pass a budget, there should be a package of fiscal measures that should accompany such a budget. “At a time of very slow recovery, it is risky to actually increase taxes. You are likely going to strangle businesses that are just struggling to survive,” he stated.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Lol suddenly the angry children have stopped commenting on news.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LCCI lauds Buhari over assent to Finance Bill, insists VAT increment will impact businesses negatively – Daily TrustThe Lagos Chamber of Commerce and Industry (LCCI) has commended the federal government on some of the expected positive impacts of the finance bill signed into law by President Muhammadu Buhari on Monday.
Source: Daily Trust - 🏆 13. / 51 Read more »
LCCI lauds Buhari over assent to Finance Bill, insists VAT increment will impact businesses negatively – Daily TrustThe Lagos Chamber of Commerce and Industry (LCCI) has commended the federal government on some of the expected positive impacts of the finance bill signed into law by President Muhammadu Buhari on Monday.
Source: Daily Trust - 🏆 13. / 51 Read more »
UPDATED: Buhari signs Finance Bill, approves 7.5% VAT increaseFor what reason Have they improved anything? 😂 😂 😂 😂 😂 We die here Wallahi I don't know this man knowing what is doing....you approve 7.5% on top doing nothing, GOD will punish you coz you are driving Nigeria back each and everyday .
Source: MobilePunch - 🏆 8. / 63 Read more »
Private sector knocks FG as Buhari signs finance billWhich private sector? Those that have over 25million turnover a year? Which one? The one affected by it? Or what... Y do we relish in negativity as a nation?
Source: MobilePunch - 🏆 8. / 63 Read more »
7.5 per cent VAT kicks off as Buhari signs finance billThe Value Added Tax (VAT) goes from five per cent to 7.5 per cent following President Muhammadu Buhari’s signing of the 2020 Finance Bill.
Source: TheNationNews - 🏆 6. / 69 Read more »
Nigerians lament as Buhari signs finance bill, increases VAT to 7.5% – Daily Post NigeriaHe told Nugerian earlier that he would be tougher in this second tenure. Let him carry on.
Source: DailyPostNGR - 🏆 11. / 59 Read more »