Gas Suppliers Urge Government to Address Multiple Taxation Issues

The National Oil and Gas Suppliers Association of Nigeria (NOGASA) has called on the Federal Government to tackle the issue of multiple taxation, which they argue is impeding business operations in the country. This appeal was made during a press briefing held on Wednesday in Abuja by NOGASA’s National President, Mr. Benneth Korie.

Korie highlighted the detrimental effects of excessive and double taxation on businesses, emphasizing the need for government intervention to foster a fairer business environment. “Multiple taxation remains a critical concern, and the excessive and double taxation imposed by various government levels must be addressed,” Korie stated.

Beyond taxation, Korie expressed the association’s concerns about other pressing issues, including the availability of refined petroleum products, agricultural development, transportation infrastructure, and the fight against smuggling. He praised Aliko Dangote, President of the Dangote Group, for his contributions to the industry, notably through the establishment of Nigeria’s largest refinery, which he believes will enhance supply, competition, and overall economic growth.

“I urge that Dangote’s refined products be made available to a wider range of stakeholders, including Nigerian National Petroleum Company Trading, NNPC Retail, Depot and Petroleum Products Marketers Association of Nigeria, Major Energies Marketers Association of Nigeria, Independent Petroleum Marketers Association of Nigeria, The Petroleum Products Retail Outlets Owners Association of Nigeria, and Natural Oil and Gas Suppliers Association of Nigeria. This inclusivity will support sustainable and widespread distribution across the country,” Korie advocated.

On the issue of smuggling, Korie called for a redesign of distribution channels and enhanced security measures at border points to combat the illegal exportation of petroleum products. “Strengthening our security agencies, especially at border points, with necessary equipment and support is crucial. Providing logistics and drones for surveillance will also help effectively combat smuggling and theft,” he asserted.

Regarding economic stability, Korie urged the government to prioritize agriculture as a means of addressing inflation and promoting food security. He suggested making farming more attractive through subsidies for agricultural inputs and equipment. “Reliance on unsustainable palliatives is not the solution. Instead, increasing budget allocations for agriculture and encouraging cluster farming will significantly boost food production,” he noted.