Section 161 Nigeria Tax Act 2025

Section 161 of the Nigeria Tax Act 2025 is about Administration of the surcharge. It provides as follows:

(1) The Minister may by an order issued in the Official Gazette indicate the effective date of commencement of the administration of the surcharge on fossil fuel products under this Chapter.

(2) The Service shall administer and collect the surcharge on a monthly basis, and may issue regulations for its administration.