{"id":75063,"date":"2025-09-07T20:03:40","date_gmt":"2025-09-07T20:03:40","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=75063"},"modified":"2025-09-07T20:03:40","modified_gmt":"2025-09-07T20:03:40","slug":"kerosene-lpg-cng-exempted-from-proposed-5-fuel-surcharge","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/09\/07\/kerosene-lpg-cng-exempted-from-proposed-5-fuel-surcharge\/","title":{"rendered":"Kerosene, LPG, CNG Exempted from Proposed 5% Fuel Surcharge"},"content":{"rendered":"<p><strong>By Anifowoshe Oladipupo<\/strong><\/p>\n<p>The Presidential Fiscal Policy and Tax Reforms Committee has clarified that the proposed 5% fuel surcharge under Nigeria\u2019s new tax laws will not apply to key household energy products.<\/p>\n<p>Committee Chairman, Taiwo Oyedele, said in a statement that household kerosene, cooking gas (LPG), compressed natural gas (CNG), and other clean or renewable energy products are exempt from the levy.<\/p>\n<p>He explained that the exemption is aimed at cushioning the rising cost of living while supporting the country\u2019s clean energy transition.<\/p>\n<p>Oyedele further noted that the surcharge will not automatically take effect in January 2026.<\/p>\n<p>Its implementation, he said, is subject to a formal order by the Minister of Finance, ensuring that prevailing economic conditions are reviewed before any enforcement.<\/p>\n<p>According to the committee, the surcharge is designed to create a dedicated fund for road infrastructure and maintenance, an approach already in place in more than 150 countries to guarantee steady investment in road networks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anifowoshe Oladipupo The Presidential Fiscal Policy and Tax Reforms Committee has clarified that the proposed 5% fuel surcharge under Nigeria\u2019s new tax laws will not apply to key household energy products. Committee Chairman, Taiwo Oyedele, said in a statement that household kerosene, cooking gas (LPG), compressed natural gas (CNG), and other clean or renewable [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":75064,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1720,172],"tags":[],"class_list":["post-75063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/75063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=75063"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/75063\/revisions"}],"predecessor-version":[{"id":75065,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/75063\/revisions\/75065"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/75064"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=75063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=75063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=75063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}