President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on petrol and diesel imports into Nigeria, a move aimed at protecting local refineries and stabilising the downstream petroleum market. The directive, contained in a letter dated October 21, 2025, and addressed to the Federal Inland Revenue Service (FIRS) and … Continue reading Tinubu Approves 15% Import Duty On Petrol, Diesel To Protect Local Refiners