President Muhammadu Buhari has forwarded a letter to the House of Representatives to seek amendments to the Finance Act recently passed by the National Assembly.

The Speaker, Femi Gbajabiamila, read Buhari’s letter at the plenary on Tuesday.

In the letter Buhari wants that the Act be amended to indicate that the new law took effect from February 1, 2020.

Also being sought is for the amendment to indicate that the annual fees payable on basic good items are different from Valued Added Tax.