26 Mar 2019 in National Assembly:
to appreciate.
view
26 Mar 2019 in National Assembly:
In other words, the Government may decide, as per this Bill, after every financial year, a specific percentage is put in place to increase because there is time value of money. Accountants know that land is the only asset that does not depreciate; it always appreciates. I have always had problems with the National Government Constituencies Development Fund (NG-CDF) in my constituency. When you agree with a land owner on the selling price of land, but then there is delay
view
26 Mar 2019 in National Assembly:
disbursement
view
26 Mar 2019 in National Assembly:
of funds, one
view
26 Mar 2019 in National Assembly:
or two years down
view
26 Mar 2019 in National Assembly:
the line, the land owner who sold you the land for public utility will double the selling price. Where do you get the money? So, this law will help us utilise money from the NG-CDF well
view