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Finance Bill

Finance Bill: Tertiary Education Tax will worsen economic hardship – NECA

Biola Adebayo Jan 4, 2023

The Nigeria Employers’ Consultative Association (NECA) has condemned some provisions of the financial bill, including the increased Tertiary Education Tax (TET) from 2.5 per cent to 3.0 per cent. In a statement on Wednesday, NECA’s…
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FEC approves Finance Bill 2020 to support 2021 Budget

Biola Adebayo Nov 18, 2020

The Federal Executive Council (FEC) has approved the Finance Bill 2020 meant to support the smooth implementation of the 2021 budget. The News Agency of Nigeria (NAN) reports that the Council approved the bill at its 24th virtual meeting…
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President Buhari Signs Finance Bill Into Law

Biola Adebayo Jan 13, 2020

President Muhammadu Buhari has signed the 2019 finance bill into law. According to the federal government, the law alongside the 2020 Budget is aimed at reforming Nigeria’s tax system to align with global best practices, support MSMEs…
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