Nigeria postpones controversial fuel tax to 2026 to to mitigate cost-of-living crisis

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<p><img src=”https://biz-file.com/c/2509/787233-240×135.jpg?2″ width=”240″ height=”135″ alt=”A traffic jam is seen at an express highway in Lagos, Nigeria, 6 August 2024. Reuters/ Francis Kokoroko/File Photo” align=”left”><br><span >A traffic jam is seen at an express highway in Lagos, Nigeria, 6 August 2024. Reuters/ Francis Kokoroko/File Photo&lt;/span><p>Nigeria’s new tax law, including a contentious 5% fuel surcharge, will not take effect until 1 January 2026, Finance Minister Wale Edun said on Tuesday, seeking to calm fears over rising living costs amid widespread economic hardship.</p><br> <a href=”https://www.bizcommunity.com/article/nigeria-postpones-controversial-fuel-tax-to-2026-to-to-mitigate-cost-living-crisis-954694a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=261314″>Email</a></p><div style=”clear:left”></div>

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