Fuel tax: FG has no plan to tax petrol – Oyedele clarifies amid controversy

Nigeria’s Minister of Finance, Taiwo Oyedele, has said the Federal Government has nary program to present a petrol taxation amid the precocious outgo of surviving faced by Nigerians.

He disclosed this successful a little connection connected his X relationship connected Tuesday.

His clarification comes amid reports of plans by President Bola Ahmed Tinubu’s medication to present a 5 per cent taxation connected retail petroleum products successful the country.

The reports had attributed the planned substance taxation instauration to Oyedele.

However, clarifying the issue, Oyedele said the Federal Government had nary program to present a substance tax.

“In my interrogation with ARISE News, I was clear: a substance taxation is not connected the table,” helium said connected X.

DAILY POST reports that millions of Nigerians wage betwixt N1,370 and N1,429 per litre for petrol.

The instauration of a substance taxation would mean that Nigerians would person to wage much for petrol.

Fuel tax: FG has nary program to taxation petrol – Oyedele clarifies amid controversy