President Buhari Signs Finance Bill Into Law

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The President of the Federal Republic of Nigeria, Muhammadu Buhari, on Monday 13th January, 2020 signed the country’s finance bill into law.

This was disclosed in a post on Twitter, the President said, “I am pleased to announce that I signed into law the Finance Bill, 2020 this morning.

This is the first time since the return of democracy in the year 1999 that a federal budget is being accompanied by the 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 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 year 2020 Budget.

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