Vice President Yemi Osinbajo, SAN, on Friday, disclosed that, like it did last year offering a range of tax incentives to Nigerians through the Finance Bill later passed into law, the Buhari administration is again offering more this year through the 2020 Finance Bill so as to attract more incentives and make doing business in Nigeria more competitive.
The Vice President stated this at the third edition of the Nigeria Diaspora Investment Summit which was held virtually, featuring several Nigerians and prospective investors from the Diaspora. Speaking specifically about how the Federal Government has been able to use the 2019 Finance Act to improve the business environment in the country, Prof. Osinbajo said “what we have done in furthering our own economic policy is to attempt to make the fiscal environment as attractive as possible. What we have done is to use the instrumentality of the Finance Acts to make or propose significant reforms.”
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