Nigeria Customs Eliminates VAT on LPG and CNG, Introduces Zero Import Duty

Nigeria Customs Service removes VAT on LPG and CNG
Zero percent import duty announced for LPG and CNG
National Public Relations Officer Abdullahi Maiwada released the information
Removal of VAT and import duty is part of the Presidential Gas for Growth Initiative
Equipment for gas utilization also benefits from zero percent import duty
Zero-rated VAT items include feed gas, CNG, LPG, and related equipment and services
Importers must secure an Import Duty Exemption Certificate and a letter of support to benefit
Specific LPG import codes are exempt from Import Duty and VAT
Debit Notes for LPG imports since August 26, 2019, will be withdrawn
Measures aim to reduce living costs, enhance energy security, and promote cleaner energy
Customs urges compliance and is committed to implementing these incentives effectively

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.