On Thursday, the Nigerian Liquefied Petroleum Gas Marketers Association (NALPGAM) praised the federal government for the removal of VAT on locally sourced liquefied petroleum gas (LPG).
The president of NALPGAM, Nosa Ogieva-Okunbor, said on Thursday in Lagos that the federal government has approved the release of VAT on LPG and has made it public.
According to him, a cry for the removal of VAT from domestically produced LPG, also known as cooking gas, was an eternal concern for members of the association.
"We are deeply grateful to the federal government and all relevant government agencies for listening to our desire to remove VAT from locally sourced LPG products.
"We also want to thank the Department of Petroleum Resources (DPR) for appreciating the timely directive to take advantage of this opportunity to prevent the installation of inappropriate and indiscriminate skidplants at gas stations," the statement said. Stated.
I have stated that the directive that all skid plants at gas stations be dismantled and removed is appropriate given the large risks they pose to the public in operation.
I appealed for the appropriate and thorough implementation of the directive across the country.
The NALPGAM boss has asked the government to create a more conducive and effective environment for industry investors, especially now that deepening LPG in the country is one of the major concerns.
He said marketers were also directed at ensuring the success of the program by complementing the government's efforts.
“Appeals for a reduction in obligations for LPG equipment and accessories.
"The growing awareness of the use of LPG has increased from 50,000 tons in 2007 to more than 600,000 tons in 2018, with more indigenous investment in LPG bottling plants.
"This will allow the majority of Nigerians to enjoy the convenience of being close to LPG refill or replacement points.
"We urge the federal and state governments to launch a well-funded social welfare program to expand the use of LPG," said the NALPGAM boss. (naan)