The 15% Trap: How a Silent Policy Could Push Nigerians Over the Edge

Thenews_chronicle | 30-10-2025 11:28pm |

It came quietly — like a shadow at dawn. No press conference. No warning. Just a presidential memo dated October 21, 2025, authorizing a 15% ad-valorem import duty on petrol and diesel. At first, it looked like another bureaucratic adjustment — until the numbers began to bite. Petrol now sells between ₦900 and ₦1,050. Diesel

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