Tag: Federal Executive Council
Nigeria's Federal Executive Council has approved a transit plan between the country's Economic Recovery Growth Plan which elapses this year and a successor plan - the Nigeria Economic Sustainability Plan. The 2.3 trillion naira 12-month stimulus plan looks to combat recession projections and cushion COVID-19 impact on the economy. Winston Osuchukwu, Co-Founder of Trans-Sahara Incorporated joins CNBC Africa for more.
Nigeria's Federal Executive Council is meeting to finalise the 2020 budget ahead of President Muhammadu Buhari's much-anticipated presentation to a joint session of the National Assembly tomorrow. Last week, the senate increased the proposed 2020 budget to N10.7 trillion. Steve Osho, Co-Managing Partner at Comercio Partners joins CNBC Africa for more.
In February 2017, Nigeria's Federal Executive Council approved the revised national tax policy to promote investment and improve the government's revenue collection. In June this year, two executive orders and five amendment bills were also been approved to improve Nigeria's taxation system. Chinedu Ezomike, Partner and Head of Commercial Practise at Andersen Tax joins CNBC Africa to review the progress of Nigeria's tax reforms.
Nigeria’s Federal Executive Council has approved 6.07 trillion naira for the implementation of the country’s second health sector plan, earlier presented by the National Health Council on Health in June this year. Dr. Ifeanyi Nsofor, Chief Executive Officer of EpiAfric joins CNBC Africa to review the health plan and its impact of the country’s health sector.
Earlier this month, Nigeria's Federal Executive Council approved the review of the country's tax policies. This comes as the deadline for the Voluntary Assets and Income Declaration Scheme draws closer. Ogochukwu Isiadinso, Associate Director for Tax Advisory and Regulatory Services at Andersen Tax joins CNBC Africa to analyse Nigeria's tax reforms.