Tinubu Approves 15% Import Duty on Petrol and Diesel
President Bola Ahmed Tinubu has approved a 15 per cent import duty on petrol and diesel, a move aimed at boosting local refining capacity and reducing Nigeria’s dependence on imported fuel. The directive, announced by government sources this week, is part of a broader plan to protect domestic refineries, encourage local production, and generate additional […]
Petrol Prices Set to Rise Again as Dangote Refinery Shifts to Dollar Sales
The downstream petroleum sector could be bracing for a fresh wave of pain at the pump. Independent oil marketers have publicly warned that fuel prices are headed upward again, citing a recent operational pivot by the Dangote Oil & Gas complex as the trigger. From Naira Sales to Dollar Realignments According to multiple industry sources, […]