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Presidency Denies Tinubu's Involvement in 5% Fuel Tax Implementation

General News1 min read
Presidency Denies Tinubu's Involvement in 5% Fuel Tax Implementation

The Presidency clarifies that Bola Tinubu did not introduce a 5% fuel tax, citing an existing provision in the Federal Roads Maintenance Agency Amendment Act 2007. The new fuel surcharge, set to commence in January 2026, excludes household usage like cooking gas and kerosene.

The government emphasizes that misinformation is circulating about the tax, which is part of the Nigeria Tax Act 2025. The Tax Reform Committee further explains that the surcharge aims to fund road maintenance and is not a recent introduction by the current administration.

Plus234Feed summary based on reporting from NaijaNews. Read the original report below.

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