2023 budget: Senate rejects ₦6trillion tax, import duties waivers


The Senate has rejected the 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper which proposed a  ₦6 trillion naira tax and import duties waivers in the  ₦19.76 trillion naira 2023 budget .

The Chairman of the Senate Committee on Finance, Solomon Olamilekan expressed his dissatisfaction at the opening of a five-day interactive session with heads of revenue generating agencies on the 2023-2025 MTEF/FSP on Tuesday in Abuja.

The Senator also kicked against the projected  ₦12.41 trillion naira in the 2023 budget as proposed by the executive arm of government to finance the 2023 budget.

More in this next report.

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