Nigeria, Oct. 30 -- President Bola Tinubu has signed off on the imposition of a 15% ad-valorem import tariff on gasoline and diesel imports, a move that might propel a further rise. Pricing of petroleum products from Nigerian pumps.

Transmitted to the Federal Inland Revenue Service (FIRS) and the President's Private Secretary, Damilotun Aderemi, the directive dated October 21, 2025, Authority of Nigerian Midstream and Downstream Petroleum Regulation (NMDPRA).



The News Chronicle gathered the president's authorization for the formal request from the FIRS, which sought to match import costs with local conditions by imposing the fifteen percent tax on the CIF (cost, insurance, freight) value of imported petrol and diesel. According to pr...