id4sho:


But it's still sold in dollars, exchange rate All time low. It's made at bonny but sold at international price

This is what Nigerians must kick against.
Any government or country that produces something locally but sells to its citizens at international prices is not only useless but wicked and barbaric.
They want to do the sane thing with the crude oil

id4sho:
Price difference won't be much

Because of the current exchange rates

id4sho:


But it's still sold in dollars, exchange rate All time low. It's made at bonny but sold at international price

What's the international price

mikeapollo:


This is what Nigerians must kick against.
Any government or country that produces something locally but sells to its citizens at international prices is not only useless but wicked and barbaric.
They want to do the sane thing with the crude oil

You correct

D price will tell

2024 might be interesting more than we think. That year is going to be a turning point for Nigeria. All it requires is the political will to make this happen.

EtinosaDLaw:
This should definitely crash the price

It should. But cost of transportation too as LPG tanks are transported with Diesel and you know how expensive diesel is.

So the Diesel cost might be the issh but I hope a reduction will happen

Kukutente23:
LPG was 300/kg in 2015 when APC took over

We bought it for same #300 in 2020.
What are u saying?

JASONjnr:
Lol.....

FG will just be feeling fly, like they've done something good to the people.....


Bunch of headless appointees taking order from a certificate forger.


Una go see shege tire!

Wailer oh oh oh, wailer!😂😂😂😂.

Wrong move.. VAT and import levy were recently imposed on imported LPG to boost local production.. NLNG and some others are producing cooking gas from their side streams..

Who are those advising this government?

They will just turn LPG to petrol and be inflating prices anyhow they like.

Failed country... what are doing on drugs too... people are dying because they can't afford medical drugs

We import gas

The price will still be on the high site.

TemmyT002:
Wontt believe it until itt happens

This one done wake up. Seriously no govt can deceive me again after experiencing 10 deceitful Federal govts.
If I no see, I no believe. All na bed time stories until I see.

Make this govt dey play.

Kukutente23:
LPG was 300/kg in 2015 when APC took over

Then,how much was it in 1999 when PDP took over?

Empowering the rich …dem dem!

This is ridiculous. Nigeria is the highest producer of LPG. We have enough LPG for the entire world and we still import it?

This is hard to comprehend.

Islie:


https://www.thecable.ng/fg-exempts-lpg-importation-from-vat-customs-duty/amp

The bane of a cursed country, a cursed people.....importing LPG into a country that is the reservoir of gas. Haba!!!

Pacesetter2021:
This is ridiculous. Nigeria is the highest producer of LPG. We have enough LPG for the entire world and we still import it?

This is hard to comprehend.

My brother, I wish there is better word than ridiculous..... .........its hard to think of

Kukutente23:
LPG was 300/kg in 2015 when APC took over

chai I miss those days was in school then..with 2700 I go fill my 6kg and 3kg cylinder..go last for like 2 to 2 and half month.

For them to do this means they want to bring in equipments for their own businesses that they would set up in the country as demand for this product is high

May this free custom duty free favor me and my family. Ameen

It is the criminals in Tinubus government that Will still sabotage the policy

Putindbutt:

Read what you typed again if it makes any sense to you. Can you shut the mouth if you are not adequately informed about certain issues.

He actually appears better informed than you. He's telling us that the tax waiver wouldn't have any significant impact on the price due to the exchange rates. Moreover, he's blaming the government for being so irresponsible that we need dollar exchange rates to buy products whose raw materials we export.

Surveillance should be higher now because some people will import some liquid contents now and call it LPG just to escape VAT and custom duty

kunle4toyeyaho:
Then,how much was it in 1999 when PDP took over?

LPG was 60k in 1999. Are you OK at all?

10mobile:

He actually appears better informed than you. He's telling us that the tax waiver wouldn't have any significant impact on the price due to the exchange rates. Moreover, he's blaming the government for being so irresponsible that we need dollar exchange rates to buy products whose raw materials we export.

Tax exemption drives down price burden on final consumer, simple economics but you're too ignorant. The rest of your comment doesn't make sense.

Islie:


https://www.thecable.ng/fg-exempts-lpg-importation-from-vat-customs-duty/amp

I don't see this making any significant difference in the price if the dollar exchange rate is still high.

This government don't seem to understand the real cost of inflation currently being experienced in Nigeria.

If the exchange rate continues to go up in a consumer economy like Nigeria, then price of goods must be high.

Pacesetter2021:
This is ridiculous. Nigeria is the highest producer of LPG. We have enough LPG for the entire world and we still import it?

This is hard to comprehend.

We are not the highest producer, we are not even near average. We only have one of the highest gas reserves.