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EXPLAINER: HOW TINUBU’S 5% FUEL TAX WILL AFFECT YOU




According to the tax law which President Bola Tinubu signed into law on June 26, 2025, the five per cent fuel tax will kick off at a yet to be announced date. The policy focuses on fossil fuel products provided or produced in Nigeria


Fossil fuel products include petrol, diesel, kerosene, aviation fuel, and Compressed Natural Gas (CNG). They are derived from the processing of coal, petroleum, and natural gas. However, items exempted from the new tax are clean or renewable energy products, as well as household kerosene, cooking gas, and CNG.


https://dailytrust.com/explainer-how-tinubus-5-percent-fuel-tax-will-affect-you-as-a-nigerian/

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