• Latest
  • Trending
  • All
7.5% VAT on diesel may disrupt fuel supply – NARTO

7.5% VAT on diesel may disrupt fuel supply – NARTO

Four Conditions before Tinubu reinstates Fubara

Four Conditions before Tinubu reinstates Fubara

Nigerian Business Mogul, Aminu Dantata is dead

Nigerian Business Mogul, Aminu Dantata is dead

Tinubu resolves Rivers Crisis, reunites Fubara, Wike, Lawmakers (Video)

Tinubu resolves Rivers Crisis, reunites Fubara, Wike, Lawmakers (Video)

What Benefits Tinubu’s New Tax Laws Mean for Nigerians and Businesses?

What Benefits Tinubu’s New Tax Laws Mean for Nigerians and Businesses?

What is a Meerkat? – The New Trending Meme

What is a Meerkat? – The New Trending Meme

Ibas faults NBA for moving Conference from Rivers to Enugu, demands Refund of N300m Hosting Rights

Rivers LG Administrator Resigns

2027: Atiku, Amaechi, El-rufai form New Political Party, writes INEC

2027: Atiku, Amaechi, El-rufai form New Political Party, writes INEC

Court remands TikToker For Bathing On Street

Court remands TikToker For Bathing On Street

JUST IN: Presidency warns Nigerians, Leaders over Opposition to Tinubu’s Tax Reform Bills

Tinubu lands in Benue amidst Aftermath of Yelewata attack

CAC Increases Service Fees from  August 1

CAC Increases Service Fees from August 1

Benue: Military deploys Air Surveillance after Terror Invasion killed over 100 in Guma

Benue: Military deploys Air Surveillance after Terror Invasion killed over 100 in Guma

DEMOCRACY ON TRIAL: A LEGAL REFLECTION ON 25+ YEARS OF CIVILIAN RULE IN NIGERIA

DEMOCRACY ON TRIAL: A LEGAL REFLECTION ON 25+ YEARS OF CIVILIAN RULE IN NIGERIA

  • About Us
  • Advertise with Us
  • Editorial Policy
Sunday, June 29, 2025
  • Login
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus
No Result
View All Result
iDeemlawful
No Result
View All Result
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • Commentary
  • Editorial
  • Campus
Home Breaking News

7.5% VAT on diesel may disrupt fuel supply – NARTO

by Anonymous
March 6, 2025
A A
7.5% VAT on diesel may disrupt fuel supply – NARTO
FacebookTwitterWhatsapp

The Nigerian Association of Road Transport Owners, on Tuesday, called on the Federal Government to stop the 7.5 per cent Value Added Tax on Automotive Gas Oil, popularly known as diesel.NARTO said the halt of VAT on diesel had become fundamental in order to avert disruptions in the distribution and supply of Premium Motor Spirit, popularly known as petrol.

The association said diesel is the product required for fueling about 90 per cent of the haulage trucks that convey PMS from depots located mostly in the South, to various filling stations across the country.It observed that prior to the introduction of VAT on diesel, the cost of the commodity was barely above N600/litre, but had increased to almost N1,000/litre currently. This, it said, had also raised the cost of transporting PMS by transporters.On June 20, 2023,

It was exclusively reported that the Federal Government confirmed that it had commenced the implementation of the payment of 7.5 per cent VAT on diesel.Officials of the Nigeria Customs Service and Federal Inland Revenue Service had confirmed this to our correspondent, and noted that diesel was not exempted from the payment of VAT based on the VAT Modification Order 2021.Commenting on the development in a statement issued in Abuja on Tuesday, the National President, NARTO, Yusuf Othman, said despite the high cost of operations in the downstream arm of the oil sector, the government had stopped increasing the pump price of PMS. It was exclusively reported that the Federal Government confirmed that it had commenced the implementation of the payment of 7.5 per cent VAT on diesel.

RelatedPosts

Oyo warns marketer of illegal diesel sale

Officials of the Nigeria Customs Service and Federal Inland Revenue Service had confirmed this to our correspondent, and noted that diesel was not exempted from the payment of VAT based on the VAT Modification Order 2021.Commenting on the development in a statement issued in Abuja on Tuesday, the National President, NARTO, Yusuf Othman, said despite the high cost of operations in the downstream arm of the oil sector, the government had stopped increasing the pump price of PMS

Tags: DieselNARTO
Previous Post

Pensioners seek improved welfare from govt

Next Post

BALANCING SOCIAL MEDIA ENGAGEMENT AND THE RIGHT TO PRIVACY

Anonymous

Anonymous

Education consultant 📍 public relation officer 📍 councillor 📍and a reporter @ Deemlawful Reports

Related Posts

Nigerian Business Mogul, Aminu Dantata is dead
Breaking News

Nigerian Business Mogul, Aminu Dantata is dead

Court remands TikToker For Bathing On Street
Breaking News

Court remands TikToker For Bathing On Street

JUST IN: Presidency warns Nigerians, Leaders over Opposition to Tinubu’s Tax Reform Bills
Breaking News

Tinubu lands in Benue amidst Aftermath of Yelewata attack

Benue: Military deploys Air Surveillance after Terror Invasion killed over 100 in Guma
Breaking News

Benue: Military deploys Air Surveillance after Terror Invasion killed over 100 in Guma

DEMOCRACY ON TRIAL: A LEGAL REFLECTION ON 25+ YEARS OF CIVILIAN RULE IN NIGERIA
Breaking News

DEMOCRACY ON TRIAL: A LEGAL REFLECTION ON 25+ YEARS OF CIVILIAN RULE IN NIGERIA

Chief of Army Staff Oluyede relocates to Markurdi over Herdsmen Attacks
Breaking News

Chief of Army Staff Oluyede relocates to Markurdi over Herdsmen Attacks

‘How driver lost control’ – Survivor Narrates Accident that killed 22 Kano Athletes
Breaking News

‘How driver lost control’ – Survivor Narrates Accident that killed 22 Kano Athletes

Nigerian Government Announces Public Holidays for Sallah Celebrations
Breaking News

Nigerian Government Announces Public Holidays for Sallah Celebrations

The progress of Kano state is non – negotiable – Engr. Yusuf
Breaking News

Kano Declares 12-day Sallah Holiday for Schools

Kwara mobile court convicts 135 sanitation violators |
Breaking News

Kwara Law Students Appeal for Immediate Release of Law School Scholarship Funds

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

iDeemlawful

Copyright © 2019–2025 Deemlawful Media

  • About Us
  • Advertise with Us
  • Editorial Policy

Connect With Us

No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • Life Style
  • Advertise with Us
  • Opinion
  • Campus

Copyright © 2019–2025 Deemlawful Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In