The Nigerian government's approval of a 15 per cent import tax on petrol and diesel, primarily to protect local refineries, has, however, sparked significant concerns over higher fuel prices and increased economic hardship for citizens. A memo dated October 10, 2025, signed by Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), addressed to …
The federal government has dismissed claims that it increased the pump price of Compressed Natural Gas (CNG), clarifying that recent adjustments were made by private investors. In a statement on Thursday, the Brands and Corporate Communications Manager of the Presidential Compressed Natural Gas Initiative (PCNGI), Matilda Johnson, described reports attributing price hikes to government directives …
