Factors Predicted to Reduce Petrol Prices in Nigeria by Mid-2024 on Nostr: Cooking Gas Prices in Nigeria Crash to Four-Month Low as Government Takes Action on ...
Cooking Gas Prices in Nigeria Crash to Four-Month Low as Government Takes Action on VAT and Import Duties
===============
#82ec0275 ver:0.24
Cooking gas prices in Nigeria have crashed to a four-month low due to improved supply, forex availability, and government interventions such as VAT removal. However, fuel scarcity continues to disrupt the economy, leading to price inflation and daily losses for businesses. The government is considering assisting independent fuel marketers in installing CNG pumps to accelerate adoption and save $2.5 billion yearly. The high price of garri is blamed on farmers causing artificial scarcity. The government's interventions in the cooking gas sector need to be sustained for more Nigerians to use it. #Nigeria #FuelScarcity #CookingGas #CNG...
#newstr #FuelScarcity #CookingGasPrices #GovernmentIntervention #Cng #PetrolPrices #EnergyTransition #CostSavings #Nigeria
https://here.news/story/82ec0275?ver=0.24Published at
2024-06-30 11:57:00Event JSON
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"content": "Cooking Gas Prices in Nigeria Crash to Four-Month Low as Government Takes Action on VAT and Import Duties\n===============\t\n#82ec0275 ver:0.24\n\nCooking gas prices in Nigeria have crashed to a four-month low due to improved supply, forex availability, and government interventions such as VAT removal. However, fuel scarcity continues to disrupt the economy, leading to price inflation and daily losses for businesses. The government is considering assisting independent fuel marketers in installing CNG pumps to accelerate adoption and save $2.5 billion yearly. The high price of garri is blamed on farmers causing artificial scarcity. The government's interventions in the cooking gas sector need to be sustained for more Nigerians to use it. #Nigeria #FuelScarcity #CookingGas #CNG...\n\n#newstr #FuelScarcity #CookingGasPrices #GovernmentIntervention #Cng #PetrolPrices #EnergyTransition #CostSavings #Nigeria \n\n https://here.news/story/82ec0275?ver=0.24",
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