NEC reviews 2020 finance bill, moves to halt food price hike

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NEC reviews 2020 finance bill, moves to halt food price hike
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The National Economic Council (NEC) on Thursday considered the 2020 Finance Bill that seeks to provide more tax incentives for Nigerian businesses and individua

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Laolu said some highlights of the proposed bill, which is now headed to the National Assembly include: “Reduction in duties on tractors from 35 to 10 per cent.“Reduction of levy on motor vehicles for the transportation of persons from 35 per cent to 5 per cent.

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