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Tinubu Approves 15% Import Duty On Petrol, Diesel

President Bola Tinubu has approved the imposition of a 15 per cent ad-valorem import duty on premium motor spirit (PMS), also known as petrol, and automotive gas oil (AGO), commonly called diesel. The directive was contained in a letter dated October 21, 2025, and signed by Damilotun Aderemi, the Private Secretary to the President. The [ ]


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