15% tariff: Nigerians to pay N1tn extra for petrol yearly November 5, 2025 12:12 am

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...