‎Nigerians Will Pay N500 Tax On Every N10,000 Petrol Purchase Under New Tinubu Law’.‎


‎The Nigerian government will introduce a new petrol consumption tax starting January 2026. Under the policy, Nigerians will pay a 5% levy — equivalent to N500 for every N10,000 spent on petrol.Nigerian beauty tips

‎The measure is designed to discourage fossil fuel use and encourage citizens to adopt cleaner energy sources.

‎The tax will be collected at the point of purchase and will not apply to kerosene, cooking gas, Compressed Natural Gas (CNG), or other clean energy alternatives.

‎Government officials say the revenue will be channeled into climate change projects and renewable energy initiatives.

‎However, analysts warn the policy could worsen inflation, with transport costs expected to rise sharply.

‎Critics also argue that the flat tax rate will disproportionately affect poorer households, who already bear the brunt of rising fuel prices.

‎While the government frames the levy as a step toward reducing Nigeria’s dependence on fossil fuels, many citizens fear the immediate economic strain it will place on daily life.

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