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Nigeria removes import duty and VAT on cooking gas and electric vehicles to boost cleaner energy effortsCooking gas prices expected to drop as dealers adjust following tax incentives for cleaner energy productsTax relief aims to stimulate investment and expand the adoption of alternative fuel technologies in Nigeria
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Nigeria’s push towards cleaner and cheaper energy has received a major boost after the Federal Government removed import duty and Value Added Tax (VAT) on cooking gas, compressed natural gas (CNG) and electric vehicles, a move that is already reflecting in lower LPG prices announced by dealers.
The Nigeria Customs Service (NCS) unveiled the tax incentives on Thursday, July 30, 2026, under the Presidential Gas for Growth Initiative, describing the policy as part of efforts to reduce transport and energy costs while accelerating the country’s transition away
