President Tinubu: Approves 15% Import Duty On Petrol, Diesel
November 1, 2025
2:57 am
Nigerian President Tinubu, has approved a 15% ad-valorem import duty on petrol and diesel, a move expected to raise pump prices and align import costs.
President Bola Tinubu has approved a 15 percent ad-valorem import duty on petrol and diesel, a decision likely to affect fuel prices across Nigeria.
The directive, confirmed in an official letter dated Tuesday October 21, 2025, was communicated by Damilotun Aderemi, the President’s Private Secretary, to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The document, seen by TheCable, outlines Tinubu’s consent to apply the duty on …
