(1)
The following Orders are revoked —
(a)
the Value Added Tax Act (Modification) Order 2021 ;
(b)
Oil and Gas Companies (Tax Incentives, Exemptions, Remissions, etc.) Order, S.I No. 21, 2024 ; and
(c)
Oil and Gas Companies (Tax Incentives, Exemptions, Remissions, etc.) Order, S.I No. 1, 2024 ;
(d)
the Companies Income Tax (Significant Economic Presence) Order, 2020 is amended by deleting paragraph 2 ; and
(e)
the Petroleum (Drilling and Production) Regulations, 1969 is amended by deleting regulations 60B, 60C, 61(1), (2), (4), and 62.