Africa Links 24 with John Ameh
Published on 2024-07-17 15:38:34
The Senate on Wednesday backed President Bola Tinubu’s requests to amend the 2024 budget by N6.2 trillion and to amend the 2023 Finance Act to “impose and charge windfall tax on banks” for their foreign exchange operations.
The budget amendment bill, which passed second reading, made a provision of N3.2tn for capital projects under the President’s ‘renewed hope infrastructure projects.’
It also made a provision of N3tn for recurrent expenditure to capture the proposals for new…
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