APC Chieftain Criticizes Tinubu's Approval of 15% Fuel Import Tax
Ayiri Emami, a chieftain of the APC in Delta State, has criticized President Bola Tinubu's approval of a 15% ad valorem import duty on petrol and diesel. Emami argues that the new tax will hurt ordinary Nigerians, especially those in rural areas who rely on fuel for their livelihoods.
The move is seen as an attempt to protect domestic refineries but may undermine local refineries' competitiveness. Tinubu has directed the FIRS and NMDPRA to enforce the new tariff immediately, sparking concerns about its impact on the downstream oil sector.
Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.
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