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Tinubu okays 15% import duty...

Tinubu okays 15% import duty on petrol,...

NCS guidelines to tackle port...

NCS guidelines to tackle port congestion, streamline...

Tinubu okays 15% import duty on petrol, diesel, raising fears of price hike

Tinubu okays 15% import duty on petrol, diesel, raising fears of price hike President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), commonly referred to as diesel. The directive, contained in a letter dated October 21, 2025, and signed by Damilotun Aderemi, the President’s Private Secretary, was addressed to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). According to the letter, the approval followed...
Maryam Umar -
Agriculture

Nigeria imports maize...

The Central Bank of Nigeria (CBN) has granted approval to four agro-processing companies to import 262,000 tons of maize and corn in the bid to complement...
Salim Sani -
Business & Economy

LCCI, NECA To...

Story from Kenneth AFOR, Lagos The leaderships of the Lagos Chamber of Commerce and Industry (LCCI) and Nigeria Employers’ Consultative Association (NECA), have called on...
Maryam Umar -
Health

2 returnees import...

Nasarawa state Thursday, recorded two new cases of Coronavirus (COVID-19), bringing the total of confirmed cases in the state to three. Governor Abdullahi Sule announced...
Aisha Auyo -
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