LPG: Association commends FG for VAT removal

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LPG: NALPGAM commends FG for VAT removal

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) on Thursday commended the Federal Government for the removal of Value-Added Tax (VAT) on locally sourced Liquefied Petroleum Gas (LPG).

The NALPGAM President, Mr Nosa Ogieva-Okunbor, said on Thursday in Lagos that the Federal Government had approved the removal of VAT on LPG and gazetted the same.

According to him, the clamour for VAT removal from domestically produced LPG, otherwise known as cooking gas, has been of perennial concern to members of the association.

“We express our profound gratitude to the Federal Government and all relevant government agencies for listening to our plea to remove VAT from LPG products sourced locally.

“We also want to use this opportunity to thank and appreciate the Department of Petroleum Resources (DPR) for its timely directive stopping the inappropriate and indiscriminate installation of skid plants in petrol stations,’’…



Source: News Agency of Nigeria