Federal Government Suspends 15% Import Duty on Petrol and Diesel: What It Means for Nigeria’s Economy and Consumers
In a major policy shift that has captured national attention, the Federal Government of Nigeria has suspended the planned 15% import duty on petrol and diesel, just weeks before its scheduled implementation. The suspension, announced by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), comes amid growing concerns over inflation, fuel prices, and supply…
