Tinubu Did Not Introduce 5% Fuel Tax – Presidency
Presidency clarifies Tinubu did not introduce a new 5% fuel tax. Surcharge dates back to the 2007 FERMA Act, not Tinubu’s reforms. Levy will fund road infrastructure but excludes household energy products. The Presidency has dismissed reports that President Bola Tinubu introduced a new 5% surcharge on fuel products, insisting that the provision has existed … Read more
