Fuel Price May Exceed ₦1,000 per Litre as Tinubu Approves 15% Import Tariff on Petrol and Diesel
The price of Premium Motor Spirit (PMS), popularly known as petrol, may soon cross ₦1,000 per litre, following President Bola Tinubu’s approval of a 15% ad valorem import tariff on petrol and diesel imports into Nigeria, according to a detailed report by PUNCH. The new policy, set to take effect after a 30-day transition period…
