The Federal Government has announced that there are no immediate plans to enforce the 5 per cent Petroleum Products Tax outlined in the recently passed tax legislation.
This clarification was made by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, during a press briefing held in Abuja on Tuesday.
The proposed tax has sparked widespread public outcry, with organized labour issuing a stern ultimatum to the government demanding a reversal of the policy or risking nationwide industrial action, according to multiple media reports.
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