Shelve the proposed 5% fuel tax
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, last week, stirred the hornets’ nest when he hinted that the Federal Government is mulling the idea of introducing five per cent tax on fuel and diesel. His stunning disclosure on the sidelines of the 2026 meetings of the International Monetary Fund (IMF) and the World Bank in Bangkok, Thailand, has put Nigerians yet again on edge, just as millions of the citizens are still reeling and riling from the government’s economic policies that have made cost of living unbearable. However, Oyedele added the fuel surcharge would not…
25th October 2026