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Nigeria’s Finance Act 2020- Insights series and sector analysis | |
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Dear Subscriber We’re delighted to share our recent publication, Nigeria’s Finance Act 2020 - Insights series and sector analysis. The publication includes an analysis of the Finance Act 2020, and shares insights into its implications for key sectors of Nigeria's economy. With the outbreak of the COVID-19 pandemic causing a contraction of the Nigerian economy by over 8% to -6.1% in Q2 2020 from 2.1% in Q2 2019, coupled with Nigeria’s total public debt increasing by 18% to over N32.2 trillion as at 2020 year-end, from N27.4 trillion in 2019 year-end. The government in response to these trends has introduced several monetary and fiscal policies to facilitate economic recovery and boost inclusive growth in 2021. Some of these include the Economic Sustainability Plan, the 2021 Appropriation Act and the Finance Act 2020. For more insights, click the download button below to read the full publication. |
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Contact Us Taiwo Oyedele Partner & Africa Tax Leader taiwo.oyedele@pwc.com | Kenneth Erikume Partner, Tax Reporting & Strategy kenneth.y.erikume@pwc.com |
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