Federal Government Implements 0.5% Levy on Nigeria's Fuel Wholesalers
NATURAL GAS
The Federal Government of Nigeria has introduced a 0.5% levy on the wholesale price of petroleum products and natural gas, as mandated by the Midstream and Downstream Petroleum Operations Regulations, 2025. This levy, along with an additional 0.5% for the Gas Infrastructure Fund, totals 1% and will be collected by suppliers for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Analysts caution that these costs may be transferred to consumers, potentially raising petrol prices.

Jan 15, 2026, 6:04 AM