Section 80 Nigeria Tax Act 2025

Section 80 of the Nigeria Tax Act 2025 is about Provisions relating to gas. It provides as follows:

(1) In addition to the economic development tax incentive that may be granted under Part II of Chapter Eight of this Act, investors in gas pipeline shall be granted a tax-free period of five years at the expiration of the economic development incentive certificate.

(2) Natural gas transferred or disposed from the upstream to the midstream or downstream shall be subject to tax under the relevant provisions of Chapter Two of this Act.

(3) Natural gas liquids and liquid petroleum gases derived from natural gas shall be subject to income tax under the relevant provisions of Chapter Two of this Act.

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