% tariff: Nigerians to pay N1tn extra for petrol yearly 5th November 2025

Nigerians will pay an additional amount of about N1tn (N973.6bn) annually on petrol imports following the Federal Government’s planned introduction of a 15 per cent import tariff on Premium Motor Spirit (petrol), a price analysis conducted by The PUNCH has shown. According to a petrol import trend report obtained from the...