18
Jul
Jul
Senate Targets Banks’ Foreign Profits to Fund National Projects
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admin / 9 months
- 0
- 2 min read
On Wednesday, the Senate deliberated on amendments to the 2023 Finance Act, focusing on taxing foreign exchange gains reported by banks to fund national projects. The Senate also reviewed a bill to amend the 2024 Appropriation Act, proposing an increase in public expenditure from ₦28.7 trillion to ₦34.9 trillion, marking a 21.6% rise. Senate Leader, […]