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.
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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 »
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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 »