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Key provisions in the Finance Act 2020
In the wake of the global economic downturn occasioned by Covid-19 pandemic, the Federal Government amidst other issues which include uncertainty of oil prices, increase in inflation and a budget deficit of about 5.6 trillion naira, reiterated the fact that the passage of the Finance Act, 2020 (“The Act”) is critical to the success of the 2021 Budget as well as the resilience and strength of the Nigerian economy.
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