7.5% VAT On Imported LPG Not Responsible For The 100% Rise In Cooking Gas Prices - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / 7.5% VAT On Imported LPG Not Responsible For The 100% Rise In Cooking Gas Prices (306 Views)
FG Implements 7.5% VAT On Diesel, Nigerians Kick / Reactions Trail ‘Drop’ In Cooking Gas Price / Senate Okays 7.5% VAT And 6 Other Tax Hikes (2) (3) (4)
| 7.5% VAT On Imported LPG Not Responsible For The 100% Rise In Cooking Gas Prices by feats(m): 1:16am On Aug 31, 2021 |
First and foremost, the reintroduction of VAT on Imported LPG this August 2021 did not result in a 100% rise in Cooking Gas prices in Nigeria. On the 15th of July, we published an article on Factors affecting cooking gas prices in Nigeria. The post highlighted the reason for high LPG prices ( since 2018) this year. The 7.5% VAT on Imported LPG wasn’t included as it was not a factor then. See the full story below. https://lpginnigeria.com/factors-affecting-cooking-gas-prices-in-nigeria/ |
| Re: 7.5% VAT On Imported LPG Not Responsible For The 100% Rise In Cooking Gas Prices by Nukilia: 3:19am On Aug 31, 2021 |
Nigerians would learn sense in the end  |
| Re: 7.5% VAT On Imported LPG Not Responsible For The 100% Rise In Cooking Gas Prices by SIRRITE: 3:31am On Aug 31, 2021 |
Na me dey responsible oh |
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