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FEC Raises VAT to 7 Per cent, Approves N10trn For 2020 Budget

By Mathew Dadiya, Abuja The Federal Executive Council has approved N10.07 trillion as proposed expenditure for the year 2020. The total expenditure includes statutory transfers, non-debt recurrent expenditure such as salaries and pensions and also the social intervention Programme. Minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this while speaking

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