"15% Duty on Petrol, Diesel Imports, Not a Burden to Nigerians" - Sunday Dare
[NigerianEye - Nigeria] - 31/10/2025
President Bola Ahmed Tinubu has approved a 15% import duty on petrol and diesel, a policy described by Special Adviser on Public Communication and Orientation Sunday Dare as a bold and strategic move to transform Nigeria's energy sector.In a social media post, Dare explained that Nigeria, despite being a major crude oil producer, has long relied on imported fuel, depleting foreign exchange reserves and exporting potential domestic jobs.The new duty aims to make imported fuel less competitive, incentivizing local refining at facilities like the Dangote Refinery and modular plants to build a (…)
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