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Nigerians groan over effects of 7.5% VAT on petrol prices

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Nigerians have begun to lament the effects of the introduction of a 7.5 per cent Value-Added Tax on the price of premium motor spirit, otherwise known as petrol.

This comes barely a month after President Bola Tinubu removed the subsidy on petrol during his inaugural speech on May 29, raising the price of PMS from N188 to about N580 in different states of the federation.

Recall that the Minister of Finance, Budget and National Planning, Zainab Ahmed, announced that the Finance Act 2020 raised the previous 5 per cent VAT of the country to 7.5 per cent on commodities including automobile gas oil and it was implemented on February 20, 2020.

But the VAT-exempt items include honey, bread, cereals, cooking oils, culinary herbs, fish, flour, starch, fruits, meat, poultry, milk, nuts, pulses, roots, salt, vegetables, water, sanitary pads, tampons, tertiary, secondary, primary and nursery tuition.

While other commodities have been VAT-compliant, PMS was not until recently because it was being subsidised by the Federal Government.

However, the new development has hit Nigerians hard, as many have called for an utmost review of it, especially because of the recent removal of fuel subsidies.

See reactions below:

A user, Ingawa said, “That means for every litre of AGO you will buy, you have to pay 7.5% Consumer Tax (VAT) of the Pump Price. For example; If 1 litre of AGO is N650 at the filling station, then you have to pay an additional N48.75 being payment for 7.5% VAT. The total price per litre will be N698.75 per litre.”

Another user, Angry Non-Nigerian, said, “When Tinubu said ‘widen the tax net, you people thought he was joking. The only thing that man knows is tax, tax and tax. As Lagosians.”

One Oyo said, “The Citizens will be the main IGR for this government. There is no single move to cut the cost of government from the Senate to the House to other departments. They went to education first by trying to add tuition fees, now 7.5% VAT on PMS. Everything directly to the common man.”

Akwa Ibom 1st son opined, “So after the removal of subsidy and the price of fuel jumped to 530, they’ve now decided to add 7.5%. VAT on AGO. In all of these, what are the politicians losing, and what are they sacrificing?”

“7.5% VAT on diesel after subsidy on petrol was removed? They will show you people shege banza pro max air 2. The government is after our lives bro!. 

“Even those that were shouting ‘Akanbi’ will not be left out. They might even end up being the most affected. The evil will go round. I swear!

“Good governance is not attained by wishful thoughts, things don’t work that way. Now, Tinubu is going for a check-up after ruining the economy with senseless policies.

“His supporters have been crying since last week because the pressure is going around. We must all learn a lesson,” Madu Obi wrote.

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Governor Radda , Deputy Survive Road Accidents

The accidents resulted in four deaths and left ten others with varying degrees of injuries.

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•Governor Dikko Radda

The convoys of Katsina State Governor Dikko Radda , and his Deputy, Faruk Lawal Jobe, were yesterday involved in a separate road accidents.

The accidents resulted in four deaths and left ten others with varying degrees of injuries.

A statement issued by the Governor’s Chief Press Secretary confirmed that the Governor’s convoy recorded two incidents in Matazu and Charanchi Local Government Areas while returning to Katsina after a tour of several communities.

The accident in which the Deputy Governor’s convoy were involved occured accident along the Zaria–Kaduna highway, where six people including Buhari Ahmad of Katsina State Radio sustained injuries.

The statement adds that Governor Dikko Radda has condoled with the families of the deceased and assured citizens that his administration will continue to strengthen support systems that protect lives and ensure timely response during emergencies.

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PDP Slams Tinubu’s Ambassadorial List as ‘Scandalous,’ Demands Withdrawal

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The Peoples Democratic Party (PDP) has strongly condemned President Bola Tinubu’s recently submitted list of ambassadorial nominees, describing it as “scandalous” and a direct reflection of the administration’s values.

In a press release signed by National Publicity Secretary Comrade Ini Ememobong, the PDP criticized the inclusion of “disgraced propagandists, characterless politicians, and public officials” with “integrity deficits” and histories of “anti-democratic activities.”

The party called the nominations a “sad commentary” on Nigeria’s diplomatic representation, arguing they undermine the country’s global standing.

The PDP expressed particular outrage over the nomination of Prof. Mahmood Yakubu, the immediate-past Chairman of the Independent National Electoral Commission (INEC).

The party accused Yakubu’s tenure of being marred by “double-speaks, flip-flops, and undelivered promises,” which they claim facilitated the current administration’s rise. Offering him an ambassadorial post now, the PDP alleged, is a “skewed reward system” intended to incentivize the new INEC Chairman to deliver “flawed elections” in 2027.

“A nominee is a clear and direct reflection of the values and estimation of the nominator,” the statement read, asserting that the list—submitted nearly three years into Tinubu’s term—reveals a “paucity of excellent people” within the President’s circle.

The opposition party warned that appointing ambassadors with “tainted political profiles” would lead to a “diplomatic all-time low,” as a nation’s international respect hinges on the integrity of its representatives.

The PDP demanded that President Tinubu immediately withdraw the list and renominate candidates with “stellar democratic credentials and high moral standing” capable of commanding global respect.

The controversy erupts as the National Assembly prepares to screen the 32 additional nominees announced earlier this week, intensifying political tensions ahead of the 2027 elections. The Presidency has yet to respond to the PDP’s allegations.

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Jonathan Updates Tinubu on Guinea-Bissau Developments

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Former Nigerian President Goodluck Jonathan met with President Bola Tinubu on Thursday to discuss the ongoing political standoff in Guinea-Bissau, shortly after his return to Abuja.

The briefing comes amid heightened tensions in the West African nation, where political instability has persisted following recent disputes over government formation and parliamentary sessions.

Jonathan, who has been actively involved in regional mediation efforts, provided Tinubu with a detailed update on the situation.

Speaking at the State House, moments ago , Jonathan who had been in Guinea Bissau as part of a joint observer mission for the African Union, ECOWAS and the West African Elders Forum reiterates that what happened there was neither a traditional military coup nor a palace coup.

He describes it instead as “a ceremonial coup”, carried out as a kind of ceremony led by the head of state himself.

He is urging ECOWAS leaders to engage directly with the military authorities in the country , secure the release of the detained opposition candidate, whom he says committed no offence and ensure the official results are announced.

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