Yearly Archives: 2024

FG Unveils Tax Exemptions to Revitalise Oil, Gas Sector

The Federal Government has announced a new fiscal regime for Nigeria’s oil and gas sector, introducing wide-ranging tax exemptions to attract fresh investments and revitalize the industry. Tax Exemptions Introduced: Value Added Tax (VAT) Modification Order 2024: Exemptions on key energy products and infrastructure, including: Diesel Feed Gas Liquefied Petroleum …

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