Tariff – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Wed, 24 Dec 2025 02:20:27 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Tariff – InfoStride News https://www.theinfostride.com 32 32 Trump Proposes 100% Tariff on Imported Films https://www.theinfostride.com/trump-proposes-100-tariff-on-imported-films/ https://www.theinfostride.com/trump-proposes-100-tariff-on-imported-films/#respond Wed, 24 Dec 2025 07:11:35 +0000 https://www.theinfostride.com/?p=467790 United States President Donald Trump has reignited debate in the global entertainment industry after unveiling plans to impose a 100 percent tariff on films produced outside the country. The proposal, announced through one of his social media statements, is being described as one of the boldest trade-related measures targeting the cultural sector, raising questions about [...]

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]]> https://www.theinfostride.com/trump-proposes-100-tariff-on-imported-films/feed/ 0 Northern Manufacturers Endorse 15% Tariff on Imported Fuel https://www.theinfostride.com/northern-manufacturers-endorse-15-tariff-on-imported-fuel/ https://www.theinfostride.com/northern-manufacturers-endorse-15-tariff-on-imported-fuel/#respond Fri, 07 Nov 2025 14:34:03 +0000 https://www.theinfostride.com/?p=471035 Manufacturers in Northern Nigeria have expressed strong support for the Federal Government’s recently introduced 15 percent tariff on imported fuel, describing the move as a strategic step toward promoting local refining capacity, industrial self-sufficiency, and economic stability. The manufacturers said the policy would encourage investment in Nigeria’s refining industry, reduce foreign exchange pressure, and position [...]

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]]> https://www.theinfostride.com/northern-manufacturers-endorse-15-tariff-on-imported-fuel/feed/ 0 15% Tariff: Nigerians to Pay ₦1tn Extra for Petrol Annually https://www.theinfostride.com/15-tariff-nigerians-to-pay-%e2%82%a61tn-extra-for-petrol-annually/ https://www.theinfostride.com/15-tariff-nigerians-to-pay-%e2%82%a61tn-extra-for-petrol-annually/#respond Wed, 05 Nov 2025 16:20:56 +0000 https://www.theinfostride.com/?p=470872 Nigerians may spend an additional ₦1 trillion yearly on petrol consumption following the Federal Government’s decision to introduce a 15 percent import tariff on Premium Motor Spirit (PMS), according to industry stakeholders and economists who warn that the new policy could heighten inflationary pressures and worsen the cost of living. The tariff, announced as part [...]

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]]> https://www.theinfostride.com/15-tariff-nigerians-to-pay-%e2%82%a61tn-extra-for-petrol-annually/feed/ 0 Experts Advise US Insurers to Reinforce Risk Strategies Amid Trade Uncertainties https://www.theinfostride.com/experts-advise-us-insurers-to-reinforce-risk-strategies-amid-trade-uncertainties/ https://www.theinfostride.com/experts-advise-us-insurers-to-reinforce-risk-strategies-amid-trade-uncertainties/#respond Mon, 04 Aug 2025 09:38:55 +0000 https://www.theinfostride.com/?p=463919 As global trade tensions continue to rise, particularly with the evolving landscape of US tariffs, industry regulators and experts are calling on insurance companies across the United States to tighten their risk management frameworks. The growing unpredictability of international trade policies and the possibility of retaliatory measures by foreign governments have heightened the need for [...]

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]]> https://www.theinfostride.com/experts-advise-us-insurers-to-reinforce-risk-strategies-amid-trade-uncertainties/feed/ 0 Enugu Slashes Band A Power Tariff to N160/kWh in New Electricity Regulation https://www.theinfostride.com/enugu-slashes-band-a-power-tariff-to-n160-kwh-in-new-electricity-regulation/ https://www.theinfostride.com/enugu-slashes-band-a-power-tariff-to-n160-kwh-in-new-electricity-regulation/#respond Mon, 21 Jul 2025 12:50:19 +0000 https://www.theinfostride.com/?p=462531 The Enugu State Government has approved a substantial reduction in electricity tariffs for Band A consumers, setting a new rate of ₦160 per kilowatt-hour (kWh) effective from August 1, 2025. This development comes under the administration of the Enugu State Electricity Regulatory Commission (EERC), which has begun to exercise its mandate under the state’s new [...]

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]]> https://www.theinfostride.com/enugu-slashes-band-a-power-tariff-to-n160-kwh-in-new-electricity-regulation/feed/ 0 Trump’s 14% Tariff Threatens ₦323.96bn in Nigerian Non-Oil Exports to U.S. https://www.theinfostride.com/trumps-14-tariff-threatens-%e2%82%a6323-96bn-in-nigerian-non-oil-exports-to-u-s/ https://www.theinfostride.com/trumps-14-tariff-threatens-%e2%82%a6323-96bn-in-nigerian-non-oil-exports-to-u-s/#respond Wed, 09 Apr 2025 07:57:41 +0000 https://www.theinfostride.com/?p=407700 The United States’ recent imposition of a 14% tariff on Nigerian exports has sent ripples through the country’s trade and economic sectors, threatening up to ₦323.96 billion in non-oil exports. The tariff, announced by former U.S. President Donald Trump on April 3, is part of a broader trade policy aimed at correcting what he describes [...]

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]]> https://www.theinfostride.com/trumps-14-tariff-threatens-%e2%82%a6323-96bn-in-nigerian-non-oil-exports-to-u-s/feed/ 0 Trump Proposes 25% Tariff on Nations Buying Oil, Gas from Venezuela https://www.theinfostride.com/trump-proposes-25-tariff-on-nations-buying-oil-gas-from-venezuela/ https://www.theinfostride.com/trump-proposes-25-tariff-on-nations-buying-oil-gas-from-venezuela/#respond Mon, 24 Mar 2025 13:00:25 +0000 https://www.theinfostride.com/?p=406278 United States President Donald Trump has announced plans to impose a 25% tariff on any country purchasing oil or gas from Venezuela, citing concerns over migration and criminal activities. Trump made the announcement on Monday via his Truth Social handle, accusing Venezuela of deliberately sending high-level criminals, including violent offenders, into the U.S. “President Donald [...]

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]]> https://www.theinfostride.com/trump-proposes-25-tariff-on-nations-buying-oil-gas-from-venezuela/feed/ 0 Our New Reciprocal Tariffs On US Computers Will Take Effect Immediately – Canada https://www.theinfostride.com/our-new-reciprocal-tariffs-on-us-computers-will-take-effect-immediately-canada/ https://www.theinfostride.com/our-new-reciprocal-tariffs-on-us-computers-will-take-effect-immediately-canada/#respond Sat, 15 Mar 2025 08:40:50 +0000 https://www.theinfostride.com/?p=405475 Canada has announced $21 billion in new tariffs on imports of U.S. computers and sports gear amid ongoing trade war. The latest move comes hours after President Donald Trump’s 25 percent tariffs on Canadian steel and aluminum went into effect, and the world has been reacting. According to the Canadian Finance Minister, Dominic LeBlanc, the [...]

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]]> https://www.theinfostride.com/our-new-reciprocal-tariffs-on-us-computers-will-take-effect-immediately-canada/feed/ 0 Trump Slams Canada’s Banking Regulations Amid Trade Tensions https://www.theinfostride.com/trump-slams-canadas-banking-regulations-amid-trade-tensions/ https://www.theinfostride.com/trump-slams-canadas-banking-regulations-amid-trade-tensions/#respond Tue, 04 Mar 2025 12:00:02 +0000 https://www.theinfostride.com/?p=404496 United States President Donald Trump has criticized Canada’s banking regulations, alleging that American banks are barred from operating in the country while Canadian banks enjoy access to the U.S. market. Trump made this claim in a post on Truth Social on Tuesday, writing: “Canada doesn’t allow American banks to do business in Canada, but their [...]

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]]> https://www.theinfostride.com/trump-slams-canadas-banking-regulations-amid-trade-tensions/feed/ 0 Telecom Tariff Increase Could Help Tame Inflation, Says Rewane https://www.theinfostride.com/telecom-tariff-increase-could-help-tame-inflation-says-rewane/ https://www.theinfostride.com/telecom-tariff-increase-could-help-tame-inflation-says-rewane/#respond Fri, 10 Jan 2025 13:50:24 +0000 https://www.theinfostride.com/?p=400239 Economic analyst Bismarck Rewane has suggested that a hike in telecom tariffs could play a role in reducing inflation in Nigeria. Speaking at a recent economic forum, Rewane, who is the Managing Director of Financial Derivatives Company, argued that an adjustment in telecom pricing could contribute to fiscal stability and indirectly ease inflationary pressures. Rewane [...]

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]]> https://www.theinfostride.com/telecom-tariff-increase-could-help-tame-inflation-says-rewane/feed/ 0 Subsidy vs. Revenue: N629bn Spent on Electricity as Discos Generate N1.1tn https://www.theinfostride.com/subsidy-vs-revenue-n629bn-spent-on-electricity-as-discos-generate-n1-1tn/ https://www.theinfostride.com/subsidy-vs-revenue-n629bn-spent-on-electricity-as-discos-generate-n1-1tn/#respond Fri, 24 May 2024 21:00:00 +0000 https://www.theinfostride.com/?p=378783 The Federal Government of Nigeria incurred N628.61 billion in electricity subsidies in 2023, as indicated by the latest data from the Nigerian Electricity Regulatory Commission (NERC). During the same period, power distribution companies (Discos) collected a total revenue of N1.08 trillion. Breakdown of Quarterly Subsidies – Q1 2023: N36.02bn – Q2 2023: N135.23bn – Q3 [...]

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]]> https://www.theinfostride.com/subsidy-vs-revenue-n629bn-spent-on-electricity-as-discos-generate-n1-1tn/feed/ 0 Tariff increase and forex policies trigger Nigeria’s low cargo throughputs https://www.theinfostride.com/tariff-increase-and-forex-policies-trigger-nigerias-low-cargo-throughputs/ https://www.theinfostride.com/tariff-increase-and-forex-policies-trigger-nigerias-low-cargo-throughputs/#respond Tue, 04 Jan 2022 21:50:41 +0000 https://www.theinfostride.com/?p=316023 The government’s lack of capacity to reduce tariffs and foreign exchange (FX) crisis will continue to give other West and Central African countries a comparative advantage ahead of Nigeria in the maritime business. Already, Togo has overtaken Nigeria to become the leading port in West Africa. The latest United Nations (UN) report said Togo recorded [...]

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]]> https://www.theinfostride.com/tariff-increase-and-forex-policies-trigger-nigerias-low-cargo-throughputs/feed/ 0 NLC Will Resist Any Attempt To Increase The Electricity Tariff – Ayuba Wabba https://www.theinfostride.com/nlc-will-resist-any-attempt-to-increase-the-electricity-tariff-ayuba-wabba/ Fri, 22 Sep 2017 01:41:33 +0000 http://www.theinfostride.com/?p=182747 The Nigeria Labour Congress (NLC) has threatened to mention and shame state governors, who refused to pay complete salaries to workers in the country, despite the bailout funds. Mr Ayuba Wabba, NLC President said this at a recent event. According to him, 10 out of the 36 states are particularly guilty of the offence, while [...]

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]]> Nigerian Ports Use Uniform Tariff – Abubakar Umar https://www.theinfostride.com/nigerian-ports-use-uniform-tariff-abubakar-umar/ Mon, 15 May 2017 03:02:35 +0000 http://www.theinfostride.com/?p=164940 The Nigerian Ports Authority (NPA) operates a uniform tariff and there is no tariff differential at the ports, Mr Abdulaziz Umar, Manager, Rivers Port Complex, has said. Receiving officials of the Maritime Energy and Media Practitioners of Nigeria (MEMPON) in Port Harcourt, Umar said that Rivers Port was ready to receive as many vessels as [...]

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]]> Senate Orders NCC To Stop Planned Tariff Hike https://www.theinfostride.com/senate-orders-ncc-to-stop-planned-tariff-hike/ Wed, 30 Nov 2016 12:56:27 +0000 http://www.theinfostride.com/?p=149632 The Nigerian Senate has condemned the Nigerian Communications Commission (NCC) for planning to increase the price of data in the country. The NCC ordered service providers in the country to increase the data price from Thursday, December 1. The upper legislative chamber however described the move as the height of irresponsibility and resolved that it [...]

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]]> Electricity Tariff Decrease Will Cost N575bn – FG https://www.theinfostride.com/electricity-tariff-decrease-will-cost-n575bn-fg/ Wed, 01 Jun 2016 16:11:51 +0000 http://www.theinfostride.com/?p=130558 The Federal Government has said that there will be no going back on the 45 per cent increase in electricity tariff, adding that a reversal will cost over N575 billion. The Minister of Power, Works and Housing, Mr Babatunde Fashola, made the statement in Abuja on Tuesday when he briefed the Senate Committees on Labour [...]

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