- Nigeria’s Ministry of Finance issued Circular F. 17981/T/39 on 7 December 2023
- The circular provides fiscal incentives for the Presidential Gas Growth Initiative
- Importation of equipment related to compressed natural gas and liquified petroleum gas in Nigeria attracts a 0% import duty rate
- A list of eligible equipment is provided for this purpose
Source: orbitax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Nigeria"
- Nigeria’s Tax Reform: Balancing Fiscal Fairness, Free Zones, VAT, and Capital Gains for Growth
- FIRS Urges Large Nigerian Taxpayers to Complete E-Invoicing Integration by November 2025 Deadline
- FIRS Calls on Large Taxpayers to Adopt E-Invoicing and Electronic Fiscal System Compliance
- Lawyers Demand Urgent Review of 7.5% VAT Policy on Legal Services in Nigeria
- Nigeria Extends E-Invoicing Deadline for Large Firms to November 1, 2025
