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Home Politics

Peter Obi Slams FG Over 5% Fuel Tax

Vanessa by Vanessa
September 4, 2025
in Politics
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Peter Obi Slams FG Over 5% Fuel Tax
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Labour Party 2023 presidential candidate Peter Obi has condemned the federal government’s new 5% tax on all fossil fuel sales, effective January 2026.

He stated on X Wednesday that the tax will increase the financial burden on Nigerians instead of reducing it.

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Nigerians Face New Fuel Charges

The new regulation imposes a 5% surcharge on fossil fuel products produced or supplied in Nigeria. The tax applies at the point of sale.

Obi questioned the government’s timing, noting that many Nigerians already struggle to afford transportation costs.

CNG Subsidies Have Disappeared

Obi also criticized the rising cost of compressed natural gas (CNG), which jumped from about ₦230 to ₦450. Promised subsidies for CNG, he said, “have quietly vanished.”

He asked why the government taxes citizens when it has already met its revenue targets. He stressed that these funds should first improve education, healthcare, and poverty reduction.

Leadership Should Reduce Suffering

Obi emphasized that true leadership focuses on reducing citizens’ hardships, not creating new ones.

“Leadership is not about adding burdens. It is about care, compassion, and improving lives,” he wrote.

He suggested the government delay the 5% fuel tax until Nigerians see tangible benefits from promised reforms.

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Tags: Peter Obi
Vanessa

Vanessa

I'm a journalist and relationship columnist. Nigeria Media Merit (NMMA) 1st Runner Up Award Recipient. I'm passionate about arts, entertainment,marriage, religion and politics. I love giving back to society.

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