Abuja, 18 Nov 2025 — Nigeria has officially withdrawn its plan to impose a 15% ad valorem import duty on petrol and diesel, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) confirmed this week.
The tariff, initially approved by President Bola Tinubu and scheduled for implementation in December 2025, was designed to boost non-oil revenues and incentivize domestic refining, particularly at the newly operational Dangote Refinery. However, fuel importers warned the move could restrict supply flows and increase reliance on a single supplier.
In response, the NMDPRA cited the need to maintain supply stability, reassure consumers of adequate fuel stocks, and prevent panic buying. The decision reflects a balancing act between fiscal reform and energy security, as Nigeria continues to navigate post-subsidy market dynamics.
Implications for African Traders and Refiners
• Importers across West Africa may benefit from continued access to competitively priced Nigerian fuel.
• Refining stakeholders will need to reassess investment timelines and pricing strategies amid shifting policy signals.
• Logistics operators should monitor port volumes and distribution patterns as Nigeria adjusts its fuel import framework.
The move underscores Nigeria’s priority to stabilize domestic fuel markets while gradually expanding refining capacity. Analysts expect further policy adjustments as the government seeks to align revenue generation with infrastructure development and regional trade goals.