President Muhammadu Buhari has said that the 2020 Finance Bill exempts earners of minimum wage from paying taxes.
“Private companies in design, construction, logistics and finance are very much engaged in our infrastructural projects in power and rail as well as road and bridges and the installation of broadband infrastructure which is an essential requirement if Nigeria is to participate actively and benefit from the 4th Industrial Revolution.
According to the President, “we are proposing in the new Finance Act that those who earn minimum wage should be exempted from paying income tax. Continuing, the President added, “…it is clear that we must diversify the economy away from dependence on crude oil exports, speed up human capital development and improve on infrastructure. Above all, our economy must be made more resilient to exogenous shocks. It is important for the private sector to play a key role as we work together to identify national priorities and try to influence our future national trajectory.
Restating the commitment of his administration to sustaining collaborations with the private sector in addressing challenges, President Buhari said “if there is one single lesson to be learnt from the COVID-19 pandemic, it is that partnerships are essential for credible responses with lasting effects.”
Please stop saying 'says Buhari'. We all know that he does not say anything and does not even have an idea about what you claim he said. Credit who said it, not Buhari.
Where did Nigerians get this man from sef?
Please has anyone seen what the legislators and the executive pay as their fair tax?I'm sure their salaries are not consolidated,so only a tiny amount from their basic is their tax if there at all . I need to have some information on this please. Thank you.
Ahh🙆🏼, our Hk is now bleaching o! O kpari oo
So you want to take tax from 30,000 naira before ...see this mumu people.......
Do you have any data of those living within the minimum wage. This is a government of much talk less action. Double recession in the space of 5years.
MAD man
It is Photoshop na
I will start applying your cream once I reach 70 to look Young 🤣🤣🤣🤣 Follow me and get 1 new follower from me🙏
This man doesn’t look like the Buhari I know...😞
That's a good one..