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By Ismaila Chafe Abuja, Dec. 31, 2020 President Muhammadu Buhari has challenged Ministries, Departments and Agencies (MDAs) saddled with the responsibility of generating revenues for government to work hard to meet targets or be sanctioned. The President issued the warning after he signed the 2021 Appropriation Bill of N13.588 trillion and the 2020 Finance Bill into law at the State House, Abuja, on Thursday. He said: “We are intensifying our domestic revenue mobilisation efforts so that we can have adequate resources to fund the 2021 Budget. “Revenue generating agencies and all MDAs must work very hard to achieve their revenue targets, control their cost-to-revenue ratios, as well as ensure prompt and full remittance of revenue collections. ....
President Muhammadu Buhari has warned ministries, departments and agencies of government saddled with generating revenue generation to work hard to meet their targets or be sanctioned. Buhari issued the warning on Thursday after signing the ₦13.588 trillion 2021 Appropriation Bill and the 2020 Finance Bill into law. “Relevant agencies are to ensure the realization of our crude oil production and export targets. Heads of defaulting Agencies are hereby warned that they will be severely sanctioned,” Buhari was quoted as saying in a statement issued by the presidential spokesman, Garba Shehu. “I also appeal to our fellow citizens and the business community, at large, to fulfil their tax obligations promptly. ....
Buhari praises 2020 budget performance, tasks revenue agencies with meeting 2021 target President Buhari issues warnings to government s revenue agencies to work hard to meet their targets. President Muhammadu Buhari has said his administration achieved an ‘impressive’ 97.7 per cent overall performance of the The president said this at the State House in Abuja after signing the N13.6 trillion 2021 budget into law on Thursday. He also signed the 2020 Finance Bill into law. “In spite of the adverse impact of the Coronavirus Pandemic on the nation’s economy and the Government’s revenues, we have made appreciable progress in the implementation of the 2020 Budget. As at December 2020, we had released about One-point-Seven-Four-Eight Trillion Naira (N1.748 trillion) out of a total of the One-Point-Nine-Six-Two Trillion Naira (N1.962 trillion) voted for the implementation of critical capital projects, representing a performance of about Eight-Nine-Point-One Per ....
What Buhari said before signing 2021 Appropriation Bill into law On President Muhammadu Buhari SPEECH BY PRESIDENT MUHAMMADU BUHARI AT THE SIGNING OF THE 2021 APPROPRIATION BILL AND THE 2020 FINANCE BILL INTO LAW ON THURSDAY DECEMBER 31, 2020 AT COUNCIL CHAMBERS, PRESIDENTIAL VILLA, ABUJA. It gives me great pleasure today to sign the 2021 Appropriation Bill and the enabling 2020 Finance Bill into law. I would like to appreciate the National Assembly, and in particular, thank the Senate President, the Speaker of the House of Representatives and indeed all distinguished and honourable leaders and members for their cooperation in expeditiously enacting these important money bills. This will enable their implementation to commence by 1st January 2021. ....
File photo of President Muhammadu Buhari President Muhammadu Buhari has warned ministries, departments and agencies of government saddled with generating revenue generation to work hard to meet their targets or be sanctioned. Buhari issued the warning on Thursday after signing the ₦13.588 trillion 2021 Appropriation Bill and the 2020 Finance Bill into law. “Relevant agencies are to ensure the realization of our crude oil production and export targets. Heads of defaulting Agencies are hereby warned that they will be severely sanctioned,” Buhari was quoted as saying in a statement issued by the presidential spokesman, Garba Shehu. “I also appeal to our fellow citizens and the business community, at large, to fulfil their tax obligations promptly. ....