FEC approves Finance Bill 2020, rules out hike in taxes

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The 24th virtual Federal Executive Council (FEC) chaired by President Muhammadu Buhari on Wednesday approved the Finance Bill 2020 designed to engender incremen

The Finance Bill 2020 will now be transmitted to the National Assembly for its consideration and passage into law.The Minister of Finance, Budget and National Planning, Zainab Ahmed, who briefed State House reporters after the federal cabinet meeting, gave an assurance that the passage of the bill into law would not lead to increase in taxes in the country.

 

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