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African Party Slams 5% Petrol Tax as Burden on Nigerians

The African Democratic Congress has condemned the federal government’s decision to impose a 5 % petrol tax, describing it as an […]

Coalition: ADC presents membership cards to David Mark, Aregbesola

The African Democratic Congress has condemned the federal government’s decision to impose a 5 % petrol tax, describing it as an additional burden for Nigerians still coping with the fallout from the removal of fuel subsidies. National Publicity Secretary Bolaji Abdullahi called the timing “deeply insensitive” and urged that the tax be suspended until citizens begin to see tangible economic relief.

Abdullahi argued that the government’s claims of improved revenue collection do not reflect current economic realities. Despite reports of record earnings, the administration continues to borrow heavily, raising concerns about the sustainability of its fiscal policies. The ADC spokesman emphasized that the tax is unfair, given that most Nigerians are still struggling with the effects of subsidy removal.

The opposition also highlighted that budgeted revenues for 2025 are not being met, with statutory allocations and value‑added tax receipts falling short of projections. In its statement, the party stressed that citizens need relief rather than additional pressure, urging the government to reconsider the decision.

The introduction of the petrol tax has significant implications for Nigerians already facing economic challenges. Critics from various quarters argue that the measure will exacerbate hardships and question how it will affect the overall economy and the lives of citizens as the government pursues its reform agenda. The ADC’s call for suspension underscores the need for the government to prioritize the welfare of its people, reassess its economic strategies, and align policies with the population’s needs to promote growth and stability.

Ifunanya

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