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Vanguard News Senate passes Finance Bill 2020 On Senate The Senate on Tuesday passed the Finance Bill 2020, transmitted by President Muhammadu Buhari on Nov. 25 for consideration. The bill, which has 77 clauses was passed following adoption of the report of Senate Joint Committee on Finance, Customs, Excise and Tariff, Trade and Investment and Public Procurement at the Committee of the Whole. Chairman of the Joint Committee, Sen. Solomon Adeola (APC – Lagos) while presenting the report, said the finance bill 2020 sought to amend 17 key finance Acts. He listed the some of the Acts to include; Capital Gains Act, Companies Income Tax Act, Industrial Development (Income Tax Relief) Act and Personal Income Tax Act.

Federal capital territoryAbuja federal capital territoryMuhammadu buhariAbiodun olujimiSenate onTertiary trust fundNational assemblyNigerian hunters council of nigeriaCommittee of theCompanies income taxSenate joint committee onIndustrial development income tax reliefKindly share this storyFinance billPresident muhammadu buhariSenate joint committee