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Foreign Exchange, VAT, other factors responsible for rising cost of cooking gas – NLNG — National Accord Newspaper - Vimarsana News

Foreign Exchange, VAT, other factors responsible for rising cost of cooking gas – NLNG — National Accord Newspaper

Nigeria Liquified Natural Gas, (NLNG) Ltd. has said the shortage of Foreign Exchange (FX), Federal Government’s import and Value Added Tax (VAT) are responsible for the rising cost of cooking gas in Nigeria.

NLNG boss lists factors responsible for rising cost of cooking gas - Vimarsana News

NLNG boss lists factors responsible for rising cost of cooking gas

The Managing Director and Chief Executive of the NLNG, Dr Philip Mshelbila, said this on Friday in Morocco.

FX, other factors responsible for rising cost of cooking gas, NLNG boss - Vimarsana News

FX, other factors responsible for rising cost of cooking gas, NLNG boss

He said there was a huge investment opportunity in propane as it could be used for transportation, power generation, and cell phone towers. | Pulse Nigeria

Source: pulse.ng