Several coalitions and industry stakeholders have criticized the federal government’s decision to suspend the 15 percent import duty on fuel, arguing that it undermines local production and revenue generation. The move, announced by the Tinubu administration, was intended to reduce pump prices, but many groups say it sends the wrong signal to investors.

The coalitions warned that removing the import duty could discourage domestic fuel refiners and slow down ongoing efforts to achieve self-sufficiency in petroleum products. They emphasized that consistent policies are essential to attract investment and strengthen Nigeria’s energy sector.

Some industry experts also highlighted potential long-term economic consequences, noting that suspending import tariffs could widen the gap between imported and locally produced fuel, affecting jobs and revenues in the downstream sector. They called for a balanced approach that protects both consumers and local producers.

In response, the government maintains that the suspension is temporary and aimed at easing fuel costs for Nigerians. However, critics insist that a more sustainable strategy is needed to ensure energy security while supporting domestic production.