Covid-19: Reps Propose Emergency Tax Bill - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
March 25, 2020
The House of Representatives has passed the Emergency Economic Stimulus Bill, 2020, which, among other things, aims at providing temporary relief to companies and individuals from the economic consequences of the COVID-19 pandemic.
The bill especially seeks to maintain the generalfinancial wellbeing of Nigerians pending the eradication of the pandemic andreturn to economic stability.
The bill, at the plenary, passed the first, secondand third readings in just over one hour.
It was jointly sponsored by the leadership of theHouse, including the Speaker, Femi Gbajabiamila, and the Deputy Speaker, AhmedWase.
The Senate, which is required to concur with thelegislation before onward transmission to the president for assent, had,however, adjourned for two weeks before the House concluded work on it.