Business Hilights

Tracking Nigeria's Headline Business News Online

Liquefied Petroleum Gas (LPG)

VAT on locally produced cooking gas discouraging investments, costs—NALPGAM

As part of renewed efforts at growing investments in locally produced Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has urged the Federal Government to remove the Value Added Tax…

Forget diesel, petrol, power your automobiles with LPG, CNG, Ooni tells fleet owners

The Ooni of Ife, Oba Adeyeye Ogunwusi has called on Nigerians and mainly fleet operators, government agencies and other vehicle owners to power their automobiles with Liquefied Petroleum Gas (LPG) and Compressed Natural Gas CNG), and move away from petrol…

FG to review non-taxation of imported Liquefied Petroleum Gas to boost local content

Indications have emerged on the readiness of the federal government to reverse the prevailing policy that exempted value added tax (VAT) on imported Liquefied Petroleum Gas (LPG), or cooking gas, while the product that is produced in Nigeria is taxed….

Operator opens up on best way to invest in LPG in Nigeria

An investor has given elaborate details on how best to invest in supply and distribution of LPG in any state or city across the federation with ease. The company also said studies have shown that the investment is laced with…

Finally, FG begins conversion, supply of flared gases to cooking gas

Though the idea had been with the federal government and the Nigerian National Petroleum Corporation (NNPC) for too long, stronger indications have emerged that the conversion and supplying of  flared gases in the oil producing Niger Delta to  Liquefied Petroleum…