Refiners Hail Tinubu’s Imposition Of 15% Duty On Imported Petrol, Diesel

Leadership | 31-10-2025 02:48pm |

Nigeria’s local refining operators have applauded the Federal Government’s approval of a 15 per cent ad valorem import duty on Premium Motor Spirit (PMS) and diesel, saying the measure will deter cheap foreign imports, safeguard domestic refiners, and bolster energy security. In a confidential memorandum seen by LEADERSHIP Friday, dated 10 October 2025, and signed

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