Some energy experts have expressed concern over the Federal Government’s approval of a 15 per cent import duty on petrol and diesel, saying it may drive up fuel prices.
They expressed their concerns in separate interviews with the News Agency of Nigeria (NAN) on Saturday in Lagos.
NAN reports that on 29 October President Bola Tinubu approved a 15 per cent import tariff on petrol and diesel, a policy expected to raise the landing cost of imported fuel.
The experts said that the move could translate into higher pump prices for consumers, with some estimating an increase of up to N150 per litre or more.
Ayodele Oni, Partner and Chair of the Energy and Natural Resources Practice Group, Bloomfield Law Practice, said the policy, though aimed
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