The Federal Government has said that the five percent surcharge on fuel mentioned in the new tax law is not a new tax introduced by President Bola Tinubu’s administration.
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, who made this known in a tweet on Saturday, said that the fuel charge has existed since 2007 under the Federal Roads Maintenance Agency Act, but was only added to the new Nigeria Tax Act for clarity and transparency, not to begin right away.
