What do you believe is the single most important factor driving up the cost of living in Nigeria?

Korie highlighted the impact of excessive and double taxation on businesses in the country, stressing the need for government intervention.

“Multiple taxation remains a critical concern, and excessive and double taxation by various government levels must be addressed to create a fairer business environment,” he stated.

The NOGASA president emphasised that the association’s concerns extend beyond taxation, touching on other pressing issues such as the availability of refined petroleum products, agricultural development, transportation infrastructure, and the fight against smuggling.

He commended the President of Dangote Group, Aliko Dangote, for his contributions to the industry through the establishment of Nigeria’s largest refinery, which he believes will boost supply, competition, and the overall economy.

“I urge that Dangote’s refined products be made available to a broader 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 facilitate sustainable and widespread distribution across the country,” Korie said, advocating for a balanced distribution of products,” he added.

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