Outrage as Nigerians Face N45 Surcharge on Petrol from 5% Fuel Tax
Nigerians face a potential N45 per litre surcharge on petrol starting January 2026 due to a 5% fuel tax under the Tax Administration Act signed by the President. The surcharge aims to boost revenue and promote clean energy but may increase petrol prices if market conditions remain stable.
The law excludes household kerosene, cooking gas, and compressed natural gas from the surcharge. Fuel marketers warn consumers of bearing the burden, citing past failed proposals.
The announcement sparked public outrage over potential price hikes and market instability.
Plus234Feed summary based on reporting from Legit NG. Read the original report below.
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