FG Announces Removal Of VAT On Cooking Gas, Diesel, Others …C0NTINUE READING HERE >>>
The Federal Government has announced the removal of Value Added Tax (VAT) on diesel, cooking gas, among others.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun announced the development on Wednesday while unveiling two major fiscal incentives.
According to a statement by the Director, Information and Public Relations at the Ministry of Finance, Mohammed Manga, the incentives are aimed at revitalising Nigeria‘s oil and gas sector.
The incentives include value-added tax (VAT) modification order 2024 and notice of tax incentives for deep offshore oil and gas…
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