Local refiners to gain as Tinubu approves 15% duty on imported petrol, diesel

    Oladehinde Oladipo | Top Stories | Oct 30, 2025    
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The federal government of Nigeria has approved a 15 percent ad-valorem import tariff on Premium Motor Spirit (PMS) and Automotive Gas Oil (diesel), a move designed to protect local refiners, including the Dangote and modular refineries, from cheaper imports and to strengthen domestic energy security.

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