- 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 SONCAP: Bureau Veritas Authorization Extended Until August 2026
- Nigeria Pressed to Fast-Track Digital VAT Reforms for Stronger West African Revenue Growth
- Nigeria’s VAT Reform Creates Divide Between Digital and Traditional Healthcare Services
- Nigeria’s E-Invoicing Rollout: Impact on Cross-Border VAT and Global Tax Compliance Trends
- Nigeria Overhauls VAT Rules: Expanded Deductions, New Exemptions, Fossil Fuel Surcharge, Stricter Compliance














