Despite the removal of Value Added Tax by Federal government, Oil marketers have lamented the high cost of Automotive Gas Oil, popularly called diesel, still over N1,000/litre
It was gathered that the cost of diesel was still between N990 and N1,100/litre on Monday, though many filling stations lacked the product, as they blamed this on the high price of diesel.
Dealers of the commodity noted that they were aware of the decision of the government to remove VAT on diesel, but they described it as “just an announcement for now.”
Meanwhile, The Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, said, they have heard the announcement that VAT has been removed but the price of Automotive Gas Oil still remain the same
In his words, “Yes, we heard the announcement yesterday (Sunday) that VAT on diesel has been removed, but as I speak with you, the cost of diesel is still between N990 to N1,100/litre, depending on where you are getting it from.
“So it is just an announcement for now. We await its implementation. However, I must say that implementation may start from tomorrow since today is public holiday.”
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