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No Immediate Plan to Implement 5% Fuel Tax – Nigerian Govt

The Federal Government has said it is not planning to implement the 5 per cent Petroleum Products Tax soon. Recall that the tax is contained in the new tax legislation. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known at a press briefing in Abuja on Tuesday. This is […]

The Federal Government has said it is not planning to implement the 5 per cent Petroleum Products Tax soon.

Recall that the tax is contained in the new tax legislation.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made this known at a press briefing in Abuja on Tuesday.

This is coming after the tax generated widespread anger among Nigerians, with organised labour issuing the government an ultimatum to cancel it or face industrial action.

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