Nigeria Tax Committee Exempts Kerosene and LPG from 5% Surcharge
The Presidential Fiscal Policy Tax Reforms Committee in Nigeria clarified that household energy products like kerosene, cooking gas (LPG), and compressed natural gas (CNG) are exempt from the proposed 5% fuel surcharge under the new tax law. The exemption aims to protect consumers from additional costs on clean and renewable energy sources.
The surcharge is set to commence in January 2026, as part of the Nigeria Tax Act 2025, to fund infrastructure projects. The committee assured that the surcharge would not contradict the government's promise of reducing taxes, emphasizing the need to balance fiscal obligations and infrastructure development.
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