President Buhari has signed the Finance Bill into law
- The president explained that the new law will reform Nigeria’s tax laws to align with global best practices and support the ease of doing business
- The new law, according to Buhari, will also incentivize investments in infrastructure and capital markets and raise government revenues
President Muhammadu Buhari has on Monday, January 13, signed the Finance Bill into law.
Recall that the president had in 2019 sent the bill alongside the 2020 budget to the National Assembly for consideration.
According to the thread of tweets posted by President Buhari, the newly signed law was put in place to reform Nigeria’s tax laws to align with global best practices and support MSMEs in line with the government's Ease of Doing Business reforms.
President Buhari signing the 2020 budget into law. Credit: Presidency
The law will also incentivize investments in infrastructure and capital markets and raise government revenues.

This law has potential.