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  • Tinubu Approves New 15% Tariff on Fuel Imports

    President Bola Tinubu has approved a 15 percent import duty on petrol and diesel to encourage local refining and reduce dependence on imported fuel. The directive, sent to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), takes immediate effect. It means companies importing fuel will now pay…

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