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Nigeria’s 5% Fuel Tax Plan Sparks Union Threats, Political Backlash
Nigeria’s Trade Union Congress (TUC) has threatened a nationwide strike if the government implements a proposed 5% tax on petroleum products. • The government intends the tax to fund infrastructure development, while unions and the opposition criticize its timing amid high inflation...
FG to delay implementation of 5% fuel tax
The Federal Government has provided clarity on the controversial 5 per cent fuel surcharge, included in the recently signed Nigerian Tax Administration Act 2025, reassuring the public that it is not a new tax and will not be automatically implemented in 2026....
Nigeria Tax Act, 2025 has been signed
On 26 June 2025, Nigeria’s President signed the Nigeria Tax Act, taking effect on 1 January 2026 and marking a significant overhaul of Nigeria’s tax framework aimed at streamlining compliance and broadening the tax base. The Act introduces a top-up tax for...