Presidency Says 15% Import Duty on Petrol, Diesel Won’t Burden Nigerians
The Presidency has defended the Federal Government’s decision to impose a 15 percent import duty on petrol and diesel, insisting that the measure will not constitute a burden on Nigerians. According to a statement issued on Thursday night, the policy is part of the administration’s strategy to encourage local refining, stabilise the market, and promote […]
Tinubu’s Fuel & Diesel Import Tariff Explained: What Every Nigerian Must Know
When Bola Tinubu waved the green flag for a 15 % ad-valorem import duty on petrol and diesel, Nigeria’s downstream oil sector did a double-take. The decision — made official on October 21, 2025 — isn’t just another policy note. It’s a strategic shot across the bow of import dependence, and you, yes you, the […]