Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, stated that the goal of the proposed fuel tax is not to put additional financial burden on households but rather to create a special fund for Nigeria’s failing roads. Although Oyedele acknowledged public concerns that recent tax reforms would make inflation worse, he maintained that better road infrastructure is necessary to reduce the cost of transporting people and products. In an interview with Channels Television’s Morning Brief on Tuesday, he explained this. One of the levies…
Nigerian Government Defends 5% Fuel Surcharge, Promises No Burden on Citizens
