Buhari signs Finance Bill into law




President Muhammadu Buhari on Monday signed the Finance Bill into law to support the implementation of the 2020 budget.

Buhari made this known via his Twitter handle saying “I am pleased to announce that this morning I signed into Law the Finance Bill, 2019.

“This is the first time, since the return of democracy in 1999, that a Federal Budget is being accompanied by passage of a Finance Bill specially designed to support its implementation, and to create a truly enabling environment for business and investment by the private sector.

“I thank the leadership and members of the Ninth National Assembly for the hard work and support that have gone into the passage of the landmark Deep Offshore and Inland Basin PSC Amendment Bill, and the Finance Bill; both vital to the successful implementation of the 2020 Budget,” the president tweeted.

See his tweets below:

Muhammadu Buhari@MBuhari

I am pleased to announce that this morning I signed into Law the Finance Bill, 2019.3,84512:19 PM – Jan 13, 2020Twitter Ads info and privacy1,741 people are talking about this

Muhammadu Buhari@MBuhari · 3h

I am pleased to announce that this morning I signed into Law the Finance Bill, 2019.

Muhammadu Buhari@MBuhari

We introduced the Bill alongside the 2020 Budget, to:

-Reform Nigeria’s tax laws to align with global best practices;
-Support MSMEs in line with our Ease of Doing Business Reforms;
-Incentivize investments in infrastructure and capital markets;
-Raise Government revenues.59312:23 PM – Jan 13, 2020Twitter Ads info and privacy267 people are talking about this

Muhammadu Buhari@MBuhari · 3hReplying to @MBuhari

We introduced the Bill alongside the 2020 Budget, to:

-Reform Nigeria’s tax laws to align with global best practices;
-Support MSMEs in line with our Ease of Doing Business Reforms;
-Incentivize investments in infrastructure and capital markets;
-Raise Government revenues.

Muhammadu Buhari@MBuhari

This is the first time, since the return of democracy in 1999, that a Federal Budget is being accompanied by passage of a Finance Bill specially designed to support its implementation, and to create a truly enabling environment for business and investment by the private sector.66512:34 PM – Jan 13, 2020Twitter Ads info and privacy225 people are talking about this

Muhammadu Buhari@MBuhari · 3hReplying to @MBuhari

This is the first time, since the return of democracy in 1999, that a Federal Budget is being accompanied by passage of a Finance Bill specially designed to support its implementation, and to create a truly enabling environment for business and investment by the private sector.

Muhammadu Buhari@MBuhari

I thank the leadership and members of the Ninth National Assembly for the hard work and support that have gone into the passage of the landmark Deep Offshore and Inland Basin PSC Amendment Bill, and the Finance Bill; both vital to the successful implementation of the 2020 Budget.55112:38 PM – Jan 13, 2020Twitter Ads info and privacy182 people are talking about this

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