Lagos Chamber of Commerce Supports 15% Petrol Import Tax, Urges Focus on Local Refining
The Lagos Chamber of Commerce and Industry (LCCI) has welcomed the newly imposed 15% import tax on petrol and diesel, describing it as a sound economic policy aimed at promoting local refining and energy self-sufficiency. However, the Chamber stressed the need for a measured implementation to prevent cost-of-living spikes and supply-chain disruptions. It cautioned that…
