The Federal Government has confirmed the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG) in Nigeria, otherwise known as cooking gas. This means that the cost of LPG, commonly referred to as cooking gas, will be relatively stable, thus attracting many investors and users in the country. The Chairman, Federal Inland Revenue Service, FIRS, who disclosed this at the stakeholders’ meeting with Vice President Yemi Osinbajo, in Abuja, recently said the measure was targeted at growing the LPG sector.

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