Nigeria’s Minister of Finance, Taiwo Oyedele, has stated the Federal Government has no plan to introduce a petrol tax amid the excessive value of dwelling confronted by Nigerians.
He disclosed this in a quick assertion on his X account on Tuesday.
His clarification comes amid experiences of plans by President Bola Ahmed Tinubu’s administration to introduce a 5 per cent tax on retail petroleum merchandise within the nation.
However, clarifying the difficulty, Oyedele stated the Federal Government had no plan to introduce a gasoline tax.
“In my interview with ARISE News, I was clear: a fuel tax is not on the table,” he stated on X.
DAILY POST experiences that hundreds of thousands of Nigerians pay between N1,370 and N1,429 per litre for petrol.
The introduction of a gasoline tax would imply that Nigerians would have to pay extra for petrol.
