Fuel surcharge deferred until naira strengthens, oil prices ease Story by Martha Gwary The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, has announced that the proposed 5 per cent fuel surcharge will not take effect until Nigeria’s key economic indicators improve — notably, a stronger naira or a decline in global crude oil prices. Speaking at the Haulage and Logistics Magazine Conference and Exhibition in Lagos yesterday, Mr Oyedele explained that although the surcharge is a well-intentioned policy aimed at generating funds for road maintenance,...