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FG Suspends Plannned 15% Import Duty On Petroleum products - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › FG Suspends Plannned 15% Import Duty On Petroleum products (8050 Views)

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Re: FG Suspends Plannned 15% Import Duty On Petroleum products by NothingDoMe: 1:33pm On Nov 13, 2025
Bentacur007:
Political interest
He knows 2027 is very near
Lol after 2027 Nigerians will see pro max
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by billyG(m): 1:37pm On Nov 13, 2025
All this gornment knows is tat,tax tax & impose hardships no development,no innovation,no strategic planning & thinking.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by lebete3000: 1:42pm On Nov 13, 2025
CodeTemplarr:
politics is like anambra egusi soup, you need to balance the bitterness of the bitterleaf and the saucy taste of the remaining condiments. Yekini is just being a good cook.
So let him cook!
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by nairalanda1(m): 1:46pm On Nov 13, 2025
Kastonkastroll:
Good decision... The timing was wrong but because some people have vested interest in the dangote refinery, they don't care about the suffering that tariff would push 85% of Nigerians into.


We need to have like 4 refineries working in full capacity before we ever think of banning importation of petrol and diesel!
You know that there are vested interests in the fuel import business too?

At the end, we can't continue measures that harm local production. That's how we lost our textile industry.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by OneCandleAway(f): 1:50pm On Nov 13, 2025
Basicend:
I knew from the onset that that thing will not fly.

Some of Tinubu's executive orders were not comprehensively analysed before being signed.

Even the so called new "tax laws" from January, 2026 will still be further revised or suspended too. Mark my words.

Most Nigerians are extremely suffering currently, and the govt have not yet come to terms with the clear reality.
The tax laws is just not serious. So if I send a student 100k monthly as allowance, he'll pay tax on top. They don't see that things are very expensive.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by lilsmart(m): 1:50pm On Nov 13, 2025
See wetin you cause now! You don make me crave egusi. But wait, wetin concern egusi for this matter sef?

This 15% petroleum tax double wahala for the masses, eeh go make fuel price jump again. Since everything for Nigeria depend on fuel from transport to market food the price of everything go just follow comot.

Na still we dey suffer am, on top all the taxes we dey pay already. Government dey find money, but the common man dey feel the pain pass.

CodeTemplarr:
politics is like anambra egusi soup, you need to balance the bitterness of the bitterleaf and the saucy taste of the remaining condiments. Yekini is just being a good cook.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by DeepSight(m): 1:56pm On Nov 13, 2025
Richtaiwo:
Always think straight and stop all these unfounded wacked and jaundiced deductions.
+
Mr. Straight Thinker (who by the only ever agrees with whatever govt says), why don't you educate us on the reason for the reversal.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by DeepSight(m): 1:59pm On Nov 13, 2025
Basicend:
I knew from the onset that that thing will not fly.

Some of Tinubu's executive orders were not comprehensively analysed before being signed.

Even the so called new "tax laws" from January, 2026 will still be further revised or suspended too. Mark my words.

Most Nigerians are extremely suffering currently, and the govt have not yet come to terms with the clear reality.
+
I am seeing some quiet implementation of parts of the tax laws already. You are right however, I expect it to be suspended especially because of the coming election. It will be an electoral killer for the govt.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by DeepSight(m): 2:01pm On Nov 13, 2025
OneCandleAway:
The tax laws is just not serious. So if I send a student 100k monthly as allowance, he'll pay tax on top. They don't see that things are very expensive.
+
You can imagine a Tax Czar not being embarrassed to say that they will tax Oloshos/ Hook-ups.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by DeepSight(m): 2:02pm On Nov 13, 2025
chicfarmer:
You can say the government is a listening government, but the policy twists and reversals is getting too much o.
It gives the impression that advisers do not do enough deep thinking and consultations before advising the president. He too should weigh things before giving his approval. undecided
+
This one is just fear of the coming election. If the win the election it will come straight back with many many many more taxes.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by anonimi: 2:14pm On Nov 13, 2025
iwaeda:
https://x.com/NMDPRA_Official/status/1988846334548312195?t=Czezto7orT4fuxcjR7Puyg&s=19[/quote]What should we do about this trial & error government of clueless leaders looters?

Is this not how Tinubu reversed himself on his pardon list huh
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by ambale(m): 2:16pm On Nov 13, 2025
Policies somersault that's what Master strategist is good at

Infact these guys don turn the word expert to nickname in Nigeria 😂😂
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by ambale(m): 2:22pm On Nov 13, 2025
chicfarmer:
You can say the government is a listening government, but the policy twists and reversals is getting too much o.
It gives the impression that advisers do not do enough deep thinking and consultations before advising the president. He too should weigh things before giving his approval. undecided
He's not a listening president anything

nA trial and error he just dey do

You don't just throw policies into the public glare without due diligence, same way he declared subsidy was gone even without seeing any documents related to it

He's so lucky Nigerians are really getting uninterested in the affairs of this country sha
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by fasbat(m): 2:33pm On Nov 13, 2025
iwaeda:
https://x.com/NMDPRA_Official/status/1988846334548312195?t=Czezto7orT4fuxcjR7Puyg&s=19[/quote]FG suspends the obnoxious "15% fuel tax" !

Look at the mirror if you are always on the side of the establishment, you are miserable!!!
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by Bluntemperor: 3:07pm On Nov 13, 2025
We can see-that President Tinubu is having listening ears!
The Best way to Fix The Economy:
1•- Is ALLOW Some Foods Stuff into the Country- For A Short Period Of Say 2- 3yrs,e g Importations of Rice 🌾, Frozen Fishes and Frozen Foods,
2•-Lowering the Banks Interest Rates from 27% p.a.- to 8% p.a.for Borrowers Of Funds in the Banks,
-Also Interest Rates On Farmers Should Be As Low As Possible - 3% p.a For ALL FARMERS!
3•Ensure Industrial Development Sector-Growth - for example - Govt Should Ensure Adequate 24/7 Light 🕯️ 🚨.- WITHOUT LIGHT NO INDUSTRIAL REVOLUTION!
4.Continuously- Working To Lower the FOREX PRICES.
5•All Government Arms( Federal,States, Local Govts -:
Should Work on Basic Amenities like:
- good road 🛣️,
-Regi Light 🕯️,
- Good water,
- Functional Railway Networks in our Towns and Cities.
• Youths Employments Is A MUST for a Peaceful Nigeria.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by okito: 3:10pm On Nov 13, 2025
The Most Inconsistent Government in History. Always going back on their words. Do they ever think things through before making pronouncements??
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by ALTERNATEID: 3:15pm On Nov 13, 2025
We’ve started making concessions to Donald Trump
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by Bimpe29(m): 3:19pm On Nov 13, 2025
I have never seen policy inconsistency like we are having during this Tinubu administration.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by tnerro1(m): 3:20pm On Nov 13, 2025
I Dey tell people things will be cheap next year because of election, so if you get money, save and invest it next year 😁
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by sulaak(m): 3:24pm On Nov 13, 2025
Macphenson:
Always going back and forth. Tinubu is just an arrogant failure.
He is totally useless. A serious country would implement policies that will encourage industrial development, but this fool called Tinubuis is only interested in being re-elected
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by zoomzoom(m): 3:41pm On Nov 13, 2025
[quote author=Richtaiwo post=137457647]Always think straight and stop all these unfounded wacked and jaundiced deductions.

Have you got a better educated guess?.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by Exceed15: 3:43pm On Nov 13, 2025
Richtaiwo:
Always think straight and stop all these unfounded wacked and jaundiced deductions.
Are you sure u dey think straight too
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by Solsix(m): 3:48pm On Nov 13, 2025
Thank God, we would have been at the mercy of dangote.
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by Algold: 4:00pm On Nov 13, 2025
The major place will import fuel from you is the USA. That is the more reason the USA is angry. To pls USA you most take the only advantage they had over China
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by ZombieDredd: 4:58pm On Nov 13, 2025
iwaeda:
Nlfpmod, do this government have any plan, everything has been reversed, except SUBSIDY is gone. grin grin grin grin cry cry cry cry
Everything ke?

Dollar still be 600 for ya side?
Fuel nko?

Not everything oo grin grin
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by koyeni(m): 7:13pm On Nov 13, 2025
Let them suspend indefinitely the proposed 2026 tax too
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by Nwaiyoo: 10:19pm On Nov 13, 2025
But, it has been implemented ready. If not why there recent increase in fuel pump price?
Re: FG Suspends Plannned 15% Import Duty On Petroleum products by REDshouse(m): 10:57pm On Nov 13, 2025
1 2 Reply

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