ABUJA — The Federal Government has assured Nigerians that there is no immediate plan to enforce the controversial 5 per cent Petroleum Products Tax contained in the newly signed tax legislation.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, made the clarification at a press briefing in Abuja on Tuesday.
The announcement comes after the proposed levy sparked widespread outrage across the country, with organised labour issuing a stern ultimatum to the government — cancel the tax or face nationwide industrial action.
Edun’s statement is expected to ease mounting tensions, even as Nigerians continue to demand clarity on the government’s broader economic reform agenda.
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