Suspend 15% Import Tariff on Petrol, Diesel – Nwagwu to Nigerian Govt

Suspend 15% import tariff on petrol, diesel – Nwagwu to Nigerian govt

Public analyst Ezenwa Nwagwu, has urged the Nigerian government to suspend its recently approved 15 per cent import tariff on premium motor spirit and automotive gas oil. Nwagwu made call, Monday, noting that by taxing imported fuel at this critical stage, the government risks creating artificial scarcity, causing inflation, and undermining deregulation, which was meant to open, not close, the market. Recall that President Bola Ahmed Tinubu anno…

Why President Tinubu Must Rethink 15% Fuel Tariff

Mr. President, Nigerians have endured subsidy removal, foreign exchange shocks, inflation that eats wages before payday, and reforms that have stretched household budgets to their breaking point. They did so because you asked for time — time to rebuild, to reform, to restore. Now, after this difficult year of sacrifice, the government has confirmed that it will introduce a 15 per cent import duty on petrol and diesel. Mr President, this decision…

Femi Otedola Commends Tinubu’s 15% Import Tariff On Petrol And Diesel, Says Policy Will Safeguard Local Industries

Billionaire investor and Chairman of Geregu Power Plc, Femi Otedola, has commended President Bola Ahmed Tinubu for implementing a 15 percent import tariff on petrol and diesel, describing the policy as “a bold and decisive step” toward protecting local industries and driving Nigeria’s industrialisation agenda. In a statement released via his official X account, @realFemiOtedola, […] The post Femi Otedola Commends Tinubu’s 15% Import Tariff on Pe…

15 per cent fuel duty: Stakeholders, NLC raise concerns over tariff policy

Last week, President Bola Ahmed Tinubu gave the nod for the implementation of a fresh 15 per cent import duty on petrol and diesel. With the development, Nigerians will be left with no choice but to carry the burden when the policy takes full effect in the coming weeks. This represents an approximately N99.72 per […]

Otedola Backs Tinubu on 15% Tariff on Imported Petrol, Diesel

By Adedapo Adesanya Nigeria businessman, Mr Femi Otedola, has thrown his weight behind the recent 15 per cent tariffs on imported petrol and diesel by President Bola Tinubu. Last week, President Tinubu greenlit the introduction of a measured import tariff on Premium Motor Spirit (PMS) and diesel, aimed at reinforcing national energy security, safeguarding local […]

Otedola Hails Tinubu’s 15% Import Tariff on Petrol, Diesel - TV360 Nigeria

Says policy will protect local refineries, strengthen energy security, and boost investor confidence… Billionaire businessman Femi Otedola has commended President Bola Tinubu for implementing a 15 percent import tariff on petrol and diesel, describing the policy as a bold step toward safeguarding Nigeria’s energy sector and protecting local investments. In a post shared on his official X (formerly Twitter) account on Monday, Otedola said the mea…