Tag: import tariff

Nigerians face ₦1tn burden as FG enforces 15% import tariff on petrol

Business Damilola Bayonle -
Nigerians may soon spend nearly ₦1 trillion more annually on petrol following the Federal Government’s decision to implement a...

Tinubu approves bold 15% import duty on petrol and diesel to strengthen local refining

Business Damilola Bayonle -
In a decisive policy move aimed at reshaping Nigeria’s downstream oil sector, President Bola Tinubu has approved the introduction...

Trump’s Trade Move: 25% Tariff on All Imported Vehicles

World News Damilola Bayonle -
In a move that is set to escalate trade tensions with major trading partners, US President Donald Trump has...