Nigerian Refiners Push for 25% Tariff on Imported Petrol to Protect Local Industry
Story: written by springnewsng September9,2025
Local oil refiners in Nigeria are calling on the federal government to impose a 25% tariff on imported petrol in order to curb product dumping and safeguard domestic production.
The refiners argue that without protective measures, cheaper imports could flood the market, undermining investments in local refining capacity at a time when Nigeria is seeking to reduce reliance on foreign fuel.
According to industry stakeholders, the tariff would help level the playing field for indigenous refiners, encourage consumption of locally produced petrol, and strengthen Nigeria’s energy security. They also warn that failure to act could discourage future investments in the downstream sector.
The proposal comes as the country braces for increased output from new and existing refineries, including the 650,000-barrel-per-day Dangote Refinery and rehabilitated state-owned plants. Analysts say policy support will be key to ensuring these projects deliver long-term economic benefits.
Government officials are expected to review the tariff request in coming weeks, though concerns remain about balancing consumer fuel prices with industrial protection.
