15% Tariff Hike: Why Nigerians Are Furious
The Federal Government's controversial 15% tariff increase faces massive backlash from economists and citizens who argue it will cripple businesses and deepen poverty across Nigeria.
The Federal Government's controversial 15% tariff increase faces massive backlash from economists and citizens who argue it will cripple businesses and deepen poverty across Nigeria.
Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.
President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.
President Cyril Ramaphosa is negotiating a strategic tariff agreement with the European Union to strengthen South Africa's economic position and create new opportunities for local businesses.
The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.
In a major trade policy shift, the United Kingdom has eliminated tariffs on approximately 3000 Nigerian export products while Nigeria implements reciprocal import restrictions against the United States, signaling a significant realignment of international