Fuel Import Duty Archives

PENGASSAN Welcomes Suspension of 15% Fuel Import Duty

The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has welcomed the federal government’s suspension of the planned 15 per cent import duty on petroleum products. He described it as a strategic decision that shields consumers and also supports local production. Suspension Result of Behind-the-Scenes Dialogue Speaking to…

ADC urges Tinubu to reverse 15% fuel import duty in Nigeria

ADC Slams Tinubu Over 15% Fuel Import Duty

ALO3605 months ago5 months ago02 mins

The African Democratic Congress (ADC) has urged President Bola Tinubu to cancel the 15% fuel import duty, saying it will worsen the cost of living for Nigerians.In a Friday statement, the party said the new policy will push fuel prices higher and increase the hardship citizens already face.Read more on Nigeria’s energy policies via BBC…