SAN FRANCISCO, November 18, (THEWILL) – The Federal Executive Council, FEC has approved the 2020 Finance Bill.
The decision was taken on Wednesday at a meeting of the Council presided over by President Buhari.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, who briefed State House correspondents at the end of the meeting said the 2020 Finance Bill was meant to support the 2021 fiscal year budget.
The Minister said through the bill, the Federal Government was seeking “to make incremental changes to tax laws relating to Customs and Excise as well as other fiscal laws to support the implementation of the annual budget.”
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