There you have it, people! Nigeria has removed VAT on LPG (‘cooking gas’), as part of efforts to drive domestic production and utilization. Big piece of news coming tomorrow in that space, by the way, watch this space!
According to the Company, “At full capacity, the plant will produce over 5 million units of standard LPG cylinders annually for Nigeria and markets in West Africa.”
It’s now reality. Commissioned by VP @ProfOsinbajo on June 7, 2019. Said to be largest of its kind in West Africa energymixreport.com/techno-oil-lau…
#InvestNigeria
[This from @BusinessDayNg - Jan 2019: businessday.ng/energy/oilandg…]