President Buhari has transmitted Finance Bill 2021 to the House of Representatives for consideration and passage.
The Speaker, Femi Gbajabiamila, read Buhari’s letter at the opening of Tuesday’s plenary.
The bill proposes various amendments to existing tax laws and financial regulations in response to the negative impact of the COVID-19 pandemic on the economy and the current recession.
Details later…
RELATED POSTS:
BREAKING: FG says no plan to increase taxes as FEC approves Finance Bill
LCCI reacts as Buhari assents to finance bill
7.5% VAT Increase Takes Effect As Buhari Assents To Finance Bill
