Regulatory Alerts2020-03-13
Communique Issued at the 2020 Budget Seminar: Leveraging the 2020 Budget and the Finance Act for the Growth of the Nigerian Capital Market
The 2020 budget and Finance Act aim to foster capital market growth through private sector engagement, infrastructure investment, and modernized tax regulations. Key recommendations emphasize the necessity of realistic budgeting, improved contract sanctity, and the removal of tax disincentives to enhance investor competitiveness. Furthermore, the document calls for complementary legislation and capacity building to effectively harness the capital market as a tool for sustainable economic development.
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