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January 13, 2020 President Muhammadu Buhari signs The 2019 Finance Bill

President Muhammadu Buhari has signed the 2019 finance bill and the 2020 appropriation bill into law.

The law alongside the 2020 Budget is aimed at reforming Nigeria’s tax system to align with global best practices and support MSMEs through the Ease of Doing Business initiative.

It also hopes to raise government revenues, as well as incentivize investments in infrastructure and capital markets.

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