The African Democratic Congress (ADC) has issued a stern warning to President Bola Ahmed Tinubu regarding the potential consequences of adding to Nigerians’ economic burden through his endorsement of a 15 per cent import levy on petroleum and diesel products.
The opposition political organization contends that this additional taxation will intensify the already critical cost-of-living situation and potentially drive the populace toward widespread unrest.
Through a declaration issued by Mallam Bolaji Abdullahi, the party’s National Publicity Secretary, the ADC recognized the merit in promoting domestic refining capacity while maintaining that such measures should not compromise citizens’ quality of life.
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The party argues that implementing additional charges on imported petroleum products during a period when Nigerians are ‘suffocating’ under the weight of the government’s economic reforms reflects ‘insensitivity and poor judgement’.
The ADC issued a stark warning that this measure could drive petrol costs beyond N1,000 per litre, creating catastrophic effects for households, transportation operators, agricultural workers, and small-scale enterprises.
“From all indications, this new levy is likely to push the pump price of petrol beyond N1,000 per litre. If this happens, life would become even more unbearable for families, commuters, transporters, farmers, and small businesses already struggling under the weight of fuel subsidy removal without social protection and currency devaluation without safeguards,” Abdullahi said.
The organization rejected the administration’s assertion that the taxation would safeguard domestic production as ‘flawed’, pointing to the Port Harcourt refinery’s failure merely five months following a $1.5 billion renovation project that generated a ₦366.2 billion deficit.
“What has become clear to us is that the Tinubu administration’s Renewed Hope Agenda is, at best, a trial-and-error system and, at worst, a cynical, self-serving agenda that has no consideration for the ordinary people of Nigeria,” the party said.
The ADC charged the current administration with intensifying poverty through inappropriately timed economic strategies that emphasize fiscal experimentation rather than public welfare. The party observed that despite official proclamations of economic advancement, Nigerian citizens’ lived experiences present a contrasting picture.
“While the government continues to push the narrative of economic progress, food, rent, and transport, not to mention school fees, continue to be priced out of the reach of ordinary Nigerians.
“If the government continues with this latest tax attack, it will further compound the people’s suffering,” Abdullahi said.
Consequently, the organization called for swift withdrawal of the measure, labeling it as ‘ill-conceived and anti-people’. It maintained that economic expansion which condemns the majority to hardship lacks both sustainability and ethical foundation.
“The ADC therefore firmly opposes this ill-conceived import duty and warns the government not to push the people to the wall. We demand that it be reversed immediately. Nigerians deserve a government that plans, not one that panics,” the party declared.
Questioning the federal administration’s capability in managing national refineries, the ADC argued that penalizing importers who have sustained the energy market despite governmental inefficiency is unjust.
“A government that cannot run its own refineries has no business taxing those who keep the country running with their sweat and blood. President Tinubu must understand that economic patriotism cannot be enforced through pain,” Abdullahi said.
While affirming its backing for private sector participation in the petroleum industry, the ADC emphasized that energy sector transformations must be introduced progressively and supported by transparent investment in domestic refining alongside social safety nets for at-risk populations.
“If the goal is energy security and domestic refining, let there first be transparent investment in local capacity. Until then, any tax imposed to discourage import will only lead to people paying more for imported fuel, which still stands at 60 percent of supply, a gap that cannot be substituted overnight,” Abdullahi said.
The organization urged President Tinubu’s administration to exhibit understanding and strategic thinking in economic policymaking, cautioning that decisions motivated by urgency or external pressure would only deepen public disconnection.
“Nigerians are tired of paying for the government’s inefficiency. It is time to govern with compassion and competence, not experiments that turn citizens into casualties,” the party added.