Thursday, May 21, 2026
FB X LI YT
Breaking
OFFICIAL: Al Nassr Win Saudi Pro League Title – First Championship Since Ronaldo’s Arrival Yoruba Excellence on Full Display: Meet Professor Segun Aina, the 40-Year-Old Genius with PhD, UK Degrees Now JAMB Registrar “I Nearly Lost My Life in the Struggle Against Military Rule” – Adewale Adeoye Celebrates First Award Alongside Soyinka, Tinubu, Fela, Others JUST IN: Adelabu Secures Massive Win in Ibadan South West LG as APC Primary Results Roll In Adelabu Continues Winning Streak in Oluyole LGA, Crushes Oba Sharafadeen Alli Adebayo Adelabu Humiliates Oba Sharafadeen Alli in Ona Ara LG – Landslide Victory Recorded BREAKING: Adelabu Floors Oba Sharafadeen Alli in Local Government As Oyo APC Guber Primary Results Trickle In BREAKING: “A Man Bought ₦30,000 Beans and Bread and Took It Into the Forest” – Lawmaker Warned Makinde in 2022 About Strange Movements in Old Oyo Park
NEWS

TINUBU MIGHT SOON TAX NIGERIANS FOR BREATHING — ADEBAYO SLAMS NEW 15% FUEL IMPORT DUTY

October 31, 2025 2 min read

By Ademola Adekusibe
October 31, 2025

The 2023 presidential candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo, has lashed out at President Bola Tinubu over the newly approved 15 percent import duty on refined petroleum products, calling it “exploitative, anti-people, and insensitive to Nigeria’s economic realities.”

Speaking on Channels Television’s Politics Today on Thursday, Adebayo said the Tinubu administration was turning governance into a tax collection scheme rather than a welfare-driven system.

“President Tinubu is a clever tax collector,” Adebayo said. “He wants to collect taxes from you for everything, including the oxygen tax very soon. If you’re not careful, yes, the air we breathe. Just give him time; he’s going to get there.”

The SDP chieftain described the decision as a betrayal of Tinubu’s old political ideals, recalling his days as an advocate of the late MKO Abiola’s Hope 93 campaign.

“It is an anti-people decision and a trend in the new Tinubu. The Tinubu that used to be in SDP has practically changed to the side of the money people. They now see citizens as customers,” Adebayo lamented.

He warned that the new tariff would worsen the suffering of Nigerians already battling high inflation and skyrocketing fuel prices. “If you put 15 percent tariffs on imported petrol, who will pay for it? The ordinary buyer at the filling station,” he said.

Adebayo also faulted the government’s continued dependence on imported fuel despite the billions spent on refinery rehabilitation. “The president is the Minister of Petroleum. What kind of chaotic system is this?” he queried, urging Tinubu to “fix the refineries within six months instead of inventing new taxes.”

While the federal government has defended the new import duty as a measure to protect local refineries and stabilize the downstream sector, Adebayo maintained that genuine reform should begin with restoring Nigeria’s refining capacity, not taxing citizens for survival.