Tag Archives: Diesel

THE Federal Government, in an effort to cushion the effects of the recent removal of the fuel subsidy, has declared the removal of the value-added tax (VAT) on diesel for the coming six months. This announcement was made public by Femi Gbajabiamila, the Chief of Staff to President Bola Tinubu, …

The National Bureau of Statistics (NBS) says the average retail price of Automotive Gas Oil (Diesel) paid by consumers in October was N801.09 per litre. The NBS stated in its “Diesel Price Watch’’ for October 2022 that the average price was a 215.30 per cent increase over the N254.07 per …