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Tag: Finance Act 2020

FG Justifies Reduction Of Automobiles’ Import Tariffs, Seeks Cooperation

FG Justifies Reduction Of Automobiles’ Import Tariffs, Seeks Cooperation       The federal government has given more insights into the cut in automobiles’ import tariffs just as it dismissed claims by a section of the organised private sector (OPS) that its decision amounted to a policy somersault. Minister...

FG To Borrow Unclaimed Dividends, Funds In Dormant Accounts

FG To Borrow Unclaimed Dividends, Funds In Dormant Accounts         The Federal Government plans to borrow unclaimed dividends and funds in dormant account balances of Deposit Money Banks. It disclosed this under Part XII of the Companies and Allied Matters Act in the signed Finance Act 2020. Under...

NIA Lauds FG On Finance Act 2020

NIA Lauds FG On Finance Act 2020   The Nigerian Insurers Association (NIA) has lauded the Federal Government of Nigeria for the speedy assent to the Finance Act 2020, describing the move as a welcome development which will usher in a new lease of life for...