4 days ago
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An All Progressives Congress (APC) chieftain successful Delta State, Ayiri Emami, has expressed interest implicit the implementation of a 15 per cent ad-valorem import work connected petrol and diesel brought into the country.
LEADERSHIP reports that President Bola Tinubu approved the tariff successful a missive dated October 21, 2025, and signed by Damilotun Aderemi, the backstage caput to the president.
The letter, addressed to the Federal Inland Revenue Service (FIRS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), conveyed the president’s support for the caller tariff.
According to the correspondence, the determination followed a petition by FIRS to use the 15 per cent work connected the cost, insurance, and freight (CIF) worth of the imported products. The move, FIRS explained, was intended to “align import costs with home economical realities.”
In an interrogation with journalists successful Abuja, the APC chieftain who is the president and main enforcement serviceman of A&E group, a institution with investments successful lipid and gas, operation and haulage, said the tariff would wounded mean Nigerians and not marketers.
Ayiri pleaded with President Tinubu to support speech the 15 percent import work tariff connected substance until the authorities provides much alleviation to Nigerians.
“No, anybody advising Mr President to enforce a 15 percent taxation connected petroleum close present is not doing him immoderate good. This benignant of argumentation volition not wounded marketers — it volition wounded mean Nigerians. Whatever taxation you enactment connected petroleum goes consecutive backmost to the radical connected the streets. Nigerians are already bare and struggling.
“If I were to conscionable Mr. President, I would archer him plainly — and I’ve told radical successful my assemblage the aforesaid thing. You see, successful my area, particularly among those of america who unrecorded by the stream and beryllium connected fishing, the outgo of substance affects everything. When you bargain fuel, it determines whether you tin adjacent spell retired to fish. It’s not that the food are gone — it’s that we can’t spend to scope them anymore.
“So anybody bringing up this thought of 15 percent tax, I volition not enactment it. This is my government, and I cognize we request money, but determination are different areas to look into. Whatever you bash successful petroleum pricing ever goes backmost to the masses.
“For me, that 15 percent should beryllium kept speech until the authorities provides much alleviation to Nigerians. Things are inactive hard. So wherefore adhd different burden? Some radical don’t attraction astir Mr. President oregon what he’s going done — they conscionable privation to make much problems. Those are my honorable opinions connected the matter,” helium said.
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