Category : Search result: fuel tax Nigeria


New Capital Gains Tax Rules Protect Small Investors

Federal Government clarifies new progressive Capital Gains Tax rates from 0% to 30% starting January 2026. Small investors get exemptions while large corporations face higher rates. Learn how this affects your investments.

Nigeria suspends 15% import tax on fuel

Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.

Nigeria to Privatize Refineries in Historic Agreement

In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.

Nigeria's Tax Revolution: Act 2025 Changes Everything

Discover how Nigeria's groundbreaking Tax Administration Act 2025 promises unified tax procedures, enhanced transparency, and simplified compliance for businesses and individuals across the nation.

FG Unveils 50 Tax Reliefs for New Fiscal Reforms

The Nigerian government has introduced 50 major tax exemptions and relief measures to protect citizens and businesses from the immediate effects of new fiscal reforms. Discover how these changes will affect you.

Fuel Price Surge: ₦200 Extra Per Litre in Nigeria

Nigerians are facing another petrol price hike as filling stations across the country implement additional charges of ₦200 per litre, worsening the ongoing fuel crisis and economic hardship.

FG Releases 50 Tax Exemptions Nigerians Get From 2026

Nigerian government announces comprehensive tax relief package including 50 exemptions that will benefit individuals and businesses from 2026. Discover key benefits for manufacturing, agriculture, and everyday Nigerians.

Imported Petrol Cheaper Than Dangote Refinery in Nigeria

Nigerian fuel market experiences dramatic shift as imported petroleum products undercut Dangote Refinery prices following President Tinubu's tariff reforms. Discover how this price war is reshaping Nigeria's energy landscape.

Dangote Vows No Fuel Queues During Christmas

Dangote Petroleum Refinery promises uninterrupted supply of Premium Motor Spirit and diesel during Christmas season, addressing fuel scarcity concerns across Nigeria.

Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall

The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.

Petrol May Hit ₦1,163/Litre in New FG Plan

Nigerians brace for tougher times as the Federal Government's new petrol tariff could push pump prices to unprecedented levels while aiming to generate massive revenue.

Tinubu imposes 15% tariff on imported fuel

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.

Tinubu Cuts Petrol Import Duty to 15%

In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost Nigeria's energy sector.

Tinubu Slashes Petrol Import Duty to 15%

In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost economic activities across Nigeria.

FIRS Grants First E-Invoicing Licence to Nigerian Firm

A pioneering Nigerian company has secured the Federal Inland Revenue Service's first-ever accreditation as an electronic invoicing provider, marking a major leap in the country's tax digitalization journey.

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