The Federal Government on Thursday hinted of more tax incentives for infrastructure and capital markets investors. Zainab Ahmed, minister of finance, budget and national planning, while delivering her keynote address at the 2019 Businessday Investing and Capital Markets Conference in Abuja, said the strategic policy is to help strengthen and complement the crucial relationship between fiscal policy, the regulatory environment and the capital markets in Nigeria.
The minister, at the conference themed ‘Market recovery, innovation and regulation in Nigeria’, also hinted of plans aimed at integrating annual budgets and medium-term fiscal strategies into rolling medium and long-term national plans.
“With discussions between the executive and the National Assembly currently ongoing regarding the 2020 budget proposal, we are well on our way to ensuring a stable January to December budget cycle,” Ahmed said.
She said the Federal Government would come up with a new long-term development plan for Nigeria.
Source: Businessdayng
