Business
Nigeria Refutes Rumours of a New Five Percent Petrol Tax
Nigeria’s federal government has firmly denied reports alleging plans to impose a five percent tax on retail petroleum products. Officials clarified that no such levy is under consideration, moving to calm public anxiety over escalating energy costs and broader fiscal reforms.
Blueprint·October 21, 2026AI-curated
The Minister of Finance, Taiwo Oyedele, has dismissed reports that the Federal Government plans to introduce a five per cent tax on retail petroleum products, [...]
nigeriatax policypetroleumeconomytaiwo oyedele
This story was sourced from Blueprint and rewritten in SEVA editorial voice. Read the full original at the source.