A financial expert, Funsho Doherty, has criticized the 15% tariff tax on imported petrol and diesel approved by President Bola Tinubu.
Doherty warned that this decision may deepen financial strain on citizens, potentially raising fuel prices by about N100 per litre and intensifying inflationary pressures nationwide.
an ill-timed and questionable policy shift
Doherty called for a legislative investigation into this policy in an open letter to Senate President Godswill Akpabio.
Author's summary: Expert criticizes petrol import duty.