Top Stories
We’ve Removed VAT On Diesel, Cooking Gas, Tinubu Assures Nigerians
The Nigerian government has said that it has taken out Value Added Tax on cooking gas, diesel and some other products.
Wale Edun, Nigeria’s minister of finance and the coordinating minister of the economy said this in a statement on Wednesday.
The statement signed by the Director of Information and Public Relations at the Ministry of Finance, Mohammed Manga, said that the Federal Government is planning on incentives that are aimed at revitalising Nigeria’s oil and gas sector.
According to him, these incentives will include VAT modification order 2024 and notice of tax incentives for deep offshore oil and gas production.
He added that this decision is in line with the Oil and Gas Companies (tax incentives, exemption, remission, etc.) Order 2024.
He said: “In addition, the Notice of Tax Incentives for Deep Offshore Oil & Gas Production provides new tax reliefs for deep offshore projects.
“This initiative is aimed at positioning Nigeria’s deep offshore basin as a premier destination for global oil and gas investments,” he added.
BBNaija’s Dorathy goes naughty on her birthday(Photos)
I didn’t lose 2023 election, you stole it – Atiku to Tinubu
Breaking: Tinubu Directs Release Of Minors Arraigned For Hunger Protests
Eniola Ajao reveals why she nearly poisoned herself
Agatha Amata releases new photos on her 55th birthday
Legendary music producer, Quincy Jones d!es at 91
Nigeria ranks fifth globally in daily social media usage
BREAKING: President Tinubu swears in seven new ministers
Miami Beach officially revokes Diddy’s Key to the City
#USDecides2024: Bill Clinton has hopes and fears on what comes after 2024 …
Breaking: FIRS Officially Launches Recruitment Portal, List Positions
AMAA 2024: Femi Adebayo’s ‘Jagun Jagun’ bags 3 awards
Peter Obi Makes U-turn, Sets Record Straight On Church Vigils Statement
Ondo Decides2024: You’ve destroyed Akeredolu’s legacy – Ajayi tells Aiyedatiwa
Those Importing PMS Cheaper Than Ours Are Selling Substandard Products – Dangote
Top Stories21 hours agoBreaking: FIRS Officially Launches Recruitment Portal, List Positions
Politics21 hours agoPeter Obi Makes U-turn, Sets Record Straight On Church Vigils Statement
Top Stories21 hours agoThose Importing PMS Cheaper Than Ours Are Selling Substandard Products – Dangote
News21 hours agoOndo Decides2024: You’ve destroyed Akeredolu’s legacy – Ajayi tells Aiyedatiwa
Top Stories20 hours ago#USDecides2024: Bill Clinton has hopes and fears on what comes after 2024 …
Entertainment21 hours agoAMAA 2024: Femi Adebayo’s ‘Jagun Jagun’ bags 3 awards
Entertainment19 hours agoMiami Beach officially revokes Diddy’s Key to the City
Entertainment14 hours agoLegendary music producer, Quincy Jones d!es at 91