Nigeria Liquefied Natural Gas Limited (NLNG) has expressed its commitment to working closely with its stakeholders to improve operational efficiency in its domestic Liquefied Petroleum Gas (DLPG) supply to the country. At an engagement session recently with stakeholders in Lagos, NLNG highlighted its plans to enhance engagement and improve operational efficiency of its LPG supply through digitalisation of some of its processes which include a new platform designed to streamline regulatory processes, optimise risk management, and enhance the buyer experience. The platform is designed to feature IT-supported relationship management, automated…
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Nigerian Govt Okays 100% VAT Waiver on Cooking Gas, CNG
The Nigerian Government has approved a zero per cent Value Added Tax (VAT) waiver on Feed Gas for all processed, Compressed Natural Gas (CNG) and imported liquified petroleum gas, with immediate effect. The VAT-free waiver also extends to CNG equipment components, conversion and installation services, Liquified Petroleum Gas (LPG) equipment components, conversion and installation services, and all equipment and infrastructure related to the expansion CNG, LPG and the Presidential CNG Initiative, including conversion kits. In a circular, the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, directed…
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