The Federal Government has announced the provision of new tax reliefs for deep offshore oil and gas production to boost investments in the sector. It also announced that the importation of key energy products and infrastructure, including diesel, feed gas, Liquefied Petroleum Gas, Compressed Natural Gas, electric vehicles, Liquefied Natural Gas infrastructure, and clean cooking

Punch Newspapers

FG stops VAT on diesel, cooking gas

Media Bias/Fact Check

The Federal Government through the Ministry of Finance has disclosed the removal of the Value-Added Tax (VAT) on Liquefied Petroleum Gas (cooking gas), Compressed Natural Gas, Automotive Gas Oil (Diesel), and other reliefs to boost investment and tackle economic hardship in the country. The Minister of Finance and the Coordinating Minister of the Economy, Wale... The post FG Removes VAT On Cooking Gas, CNG, Diesel, Others first appeared on New T…

Newtelegraph

FG Removes VAT On Cooking Gas, CNG, Diesel, Others - New Telegraph

The Federal Government has announced value added tax (VAT) exemptions for various energy products, including diesel, Liquefied Natural Gas (LNG), also known as cooking gas, Compressed Natural Gas (CNG), and electric vehicles, among others.  The post FG removes VAT on diesel, CNG, electric vehicles, others to crash prices   appeared first on Nairametrics.

Nairametrics

FG removes VAT on diesel, CNG, electric vehicles, others to crash prices

By Adedapo Adesanya The federal government has introduced new fiscal incentives to boost foreign investments in Nigeria’s oil and gas sector. The two incentives were unveiled by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, according to a statement on Wednesday. In the notice signed by the Director of Information […]

Business Post Nigeria

Prices of Diesel, Gas, Others to Fall as FG Suspends VAT

The Federal Government has introduced new fiscal incentives to boost foreign investments in Nigeria’s oil and gas sector. The two incentives were unveiled by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun in a statement on Wednesday. According to the statement by the Finance Ministry, and signed by the Director of Information and Public Relations, Mohammed Manga said the incentives are aimed at revitalising Nigeria’s…

CoreTV News

FG halts VAT on diesel, cooking gas to woo investors

The Federal Government has introduced tax exemptions on key energy products and infrastructure as well as fiscal incentives for the upstream and downstream oil and gas sector.The development, the government said, was in “its avowed determination towards ensuring a boost in the nation’s upstream and downstream sector.”According to a statement by the Director, Information and Public Relations,  Federal Ministry of Finance, Mohammed Manga, the Mini…

36ng.ng

FG removes VAT on diesel, cooking gas, others

According to the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, these measures aim to reduce the cost of living, enhance energy security, and speed up Nigeria’s shift to cleaner energy sources.

AlimoshoToday.com

The Federal Government has announced the removal of the
Value-Added Tax on Liquefied Petroleum Gas (cooking gas), Compressed Natural
Gas, Automotive Gas Oil(Diesel) and other reliefs to boost investment and
tackle economic hardship in the country.   It also announced VAT reliefs for the importation of key
energy products and infrastructure, including diesel, feed gas, electric
vehicles, Liquefied Natural Gas infrastructure, and clean cooking equ…

Nigerian News. Latest Nigeria News. Your online Nigerian Newspaper.

Hardship: Nigerian govt removes VAT on cooking gas, CNG, diesel

The Federal Government has announced value added tax (VAT) exemptions for various energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles, among others, in order to reduce prices. This is contained in a statement by The Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun, on Wednesday. According to Edun, these measures aim to reduce the cost of living, enhance ene…

TheNigerialawyer

Diesel, LNG, CNG, And Electric Vehicles Among Products Exempted From VAT By FG - TheNigeriaLawyer

October 03, (THEWILL) – The Federal Government has announced Value Added Tax (VAT) exemptions for various energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles, among others. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, in a statement on Wednesday, emphasised that the measures were designed […]
The post FG Removes VAT On Diesel, Cooking Gas, CNG,  Others ap…

FG stops VAT on diesel, cooking gas

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