Buhari Transmits Finance Bill To NASS For 2022 Budget     President Muhammadu Buhari has transmitted the Finance Bill 2021 to the National Assembly for consideration and passage to give legal backing to some of the proposals in the 2022 Appropriation Bill currently before the parliament. The Speaker...

Finance Bill Passes Second Reading, Proposes 10% VAT For Defaulters         The Finance Bill 2020 scaled second reading on the floor of the Senate on Wednesday. The proposed legislation stipulates various amendments made to the 2019 version of the Act. The Leader of the Senate, Yahaya Abdullahi, in...

Finance Bill Proposes Tax Reliefs For Donors To COVID-19 Funds       More highlights of the Finance Bill 2020, approved by the Federal Executive Council (FEC) on Wednesday, were unveiled yesterday at a virtual National Economic Council (NEC) meeting presided over by Vice-President Yemi Osinbajo. Presenting the bill...

No Plan To Increase VAT, Others – Fed Govt       The Federal Government has refuted speculations it plans to increase the Value Added Tax (VAT) and other taxes in its proposed Finance Bill. Minister of Finance, Zainab Ahmed, who spoke while defending the Ministry’s budget before the...

Revitalizing The Economy via Finance Bill By Rahma Olamide Oladosu   The Finance Bill, which has now become an Act of the National Assembly has come to stay. According to the Minister of Finance, Budget and National Planning, Zainab Ahmed, the Act is crucial to the growth...

Senate Passes Buhari’s Finance Bill   The Senate on Thursday passed President Muhammadu Buhari’s Finance Bill, 2019, which seeks an amendment of Nigeria’s tax laws. The passage of the Bill was sequel to the consideration of the report of the Senate Committee on Finance. In his presentation of...