FG approves deferment of 15% import duty on petrol, diesel to Q1 2026
The Federal Government has approved the postponement of the planned 15 per cent import duty on petrol and diesel until the first quarter of 2026, clarifying that the suspension is not indefinite but a strategic deferment to ensure effective implementation. The approval, granted by President Bola Tinubu, followed a detailed memo submitted by the Executive…
