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National Assembly Passes N10.59Trn Budget For 2020 Fiscal Year

The Senate on Thursday  passed a federal budget of N10.59 trillion  for the 2020 fiscal year  in keeping with its major legislative agenda of returning the country’s budget cycle to a more predictable one as well as re-positioning the nation’s economy on the path of sustainable growth.. The passage of the annual 2020 budget before […]

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High Personnel Cost In Budgetary Provisions Not Desirable – Ahmed

The Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed, on Thursday described the huge sum of N3.3 trillion personnel cost provision in the 2020 Appropriation Bill as undesirable for nation’s development when compared to the N2.1 trillion voted for capital projects. Ahmed, who expressed this feeling during her defence of the ministry’s […]

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New Tax Incentives Underway for MSMEs – FG

The Minister of Finance, Budget and Planning, Mrs. Zainab Ahmed, on Monday hinted of fiscal plans by the Federal Government, in form of tax incentives that will enable Micro, Small and Medium Enterprises (MSMES) in the country to minimize operational costs, post more profits  and by implication, be able to contribute to the nation’s revenue […]