NewsExpress banner Firstbank Verve banner Fidelity bank card banner Umm Sulaim's Thoughts Camano banner

Gas marketers demand FG removal of VAT, duty on LPG equipment

By News Express on 30/12/2015

Gmail icon

Views: 3,995

The Nigerian Association of Liquefied Petroleum Gas Marketers has appealed to the Federal Government to remove Value Added Tax and duty on all imported gas equipment into the country.

The National President of the association, Mr Basil Ogbuanu, made the appeal on Tuesday after inspecting the scene of Nnewi gas explosion in Anambra which claimed eight lives and injured many on December 24.

Ogbuanu, who sympathised with the families of the victims and management of Inter Corp Oil Ltd., a subsidiary of Chikason Group of Companies, described the fire as unfortunate.

The president said that a final assessment report would be publicised after the association’s technical team, in conjunction with the DPR, concluded investigation.

“The fire service department in the country should see the incident as a wake-up call to duty.

“If the service had provided early intervention, the fire could have been put-off to reduce the effect of damage.”

On gas utilisation in the country, the president said the high cost of importation of the product’s equipment accounted for why many Nigerians were not using domestic gas at homes.

According to him, government is rather spending foreign currency to subsidise kerosene when there is gas in abundance in the country.

“Gas is abundant and available, cleaner, cheaper, safer and the most efficient cooking energy.

“However, one of the major problems of using domestic gas is the high cost at the entry points of obtaining cylinder, hose, regulator and cooker.

“We are asking the Federal Government to intervene in the area by removing VAT and duty on all imported LPG equipment.”

Ogbuanu also appealed to the Federal Government to improve the state of the roads in the country to minimise involvement of tankers on road mishaps.

He further advised investors coming into the business to put the safety of the public and gas plants first before profit. (NAN)

•Photo shows gas plant.

Source News Express

Posted 30/12/2015 04:59:58 AM





You may also like...
BREAKING NEWS: Buhari sacks man blamed for Adeboye’s...

GOCOP expresses worry over suspension of AIT, Ray...

Fresh accident occurs on Otedola Bridge

CAN to drag Buhari to United Nations over...

Ogun 2019: List of APC candidates ready —...

CBN set to start auctioning Chinese yuan

The woman who rose from being a refugee...

De Gea the saviour as Man United shock...

Jonathan, Obasanjo, others absent at Buhari’s inauguration

Wike, Amaechi clash at police station •INEC cancels...

Saraki, Dogara meet Buhari on Plateau massacre, call...

Quickfire double gives Atletico extra-time victory over Real...


Latest News Kwara Governor inaugurates cabinet, assigns portfolios Umahi presents N178.136bn Ebonyi Budget for 2020 fiscal year •Provides funds for minimum wage Justice Tsoho sworn-in as Chief Judge of FHC, Kanyip as President of National Industrial Court Sowore: Voters group demands legislative inquiry into DSS court invasion Media and communications guru Biodun Shobanjo bags OAU Honorary Doctorate Degree Tired of Nigeria? Here are countries where you can buy citizenship Killer of Maersk MD’s wife arrested on mango tree BREAKING: Famous ex-junior international Philip Osondu dies after brief illness Why Akpabio withdrew from Akwa Ibom senatorial rerun – PDP Scavenger makes half-a-million pound find of “whale vomit” Anambra community, herdsmen clash over destruction of crops Suspected ritualist disguised as madman lynched in Delta


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (572,155 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (456,729 views) Shameless Genevieve Nnaji exposes breasts in public (406,711 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (341,607 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (307,976 views) 10 cars more expensive than Jets (292,398 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (261,407 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (260,540 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (241,983 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (228,470 views) Lagos plane crash: Journalist releases victims’ names (204,133 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (200,460 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (112) Business & Economy (4,621) Business Verdict (89) Columnists (1,157) Complaints & Requests (98) Enterprise & Opportunities (221) Entertainment (718) Features (855) Global Business Monitor (498) ICT Monitor (73) International (4,323) Interview (219) Live Commentary (30) Love Matters (178) Maggie's Blog (520) News (55,215) Opinion (1,440) Pidgin (18) Politics (11,887) Religion (1,133) Sports (2,255) Stock Watch (41) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera