The proposed 5% tax on petroleum goods by the federal government has been rejected by the Trade Union Congress (TUC) leadership, who call it “reckless and an act of economic wickedness.”
The Congress said it would have no choice but to shut down vital areas of the nation if the government did not drop the idea within 14 days beginning today.
Festus Osifo and Nuhu Toro, President and General Secretary of TUC respectively, in a statement they jointly signed, explained that Nigerians are already overburdened with different taxes
Daily Trust reports that there has been an outcry over the introduction of the five per cent fuel surcharge in the new tax laws taking effect in January 2026.
With the new tax, Nigerians buying premium motor spirit (PMS) also known as petrol will pay additional N45 for each litre of fuel they purchase if the price remains unchanged at the rate of N900
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