FG Suspends Implementation of 15% Import Duty on Petrol, Diesel

Fluctuating-Petrol-Prices-Linked-to-Crude-Oil-Costs frontpage news

The Federal Government has put a hold on its earlier plan to introduce a 15 percent import levy on petrol and diesel, a move that had sparked concerns among industry players and consumers. In an official statement released on Thursday, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) confirmed the suspension, reassuring Nigerians of […]