Oil marketers, on Monday, said the cost of Automotive Gas Oil, popularly called diesel, was still over N1,000/litre despite the announcement of the Federal Government that it had removed Value Added Tax on the commodity.
It was gathered that the cost of AGO 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 told our correspondent 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.”
The Secretary, Independent Petroleum Marketers Association of Nigeria, Abuja-Suleja, Mohammed Shuaibu, said, “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.
