The Nigeria Customs has said it will implement the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Ahmed Tinubu.
The announcement was made in a statement issued on Wednesday by the Customs spokesman, Abdullahi Maiwada.
The approved Fiscal Policy Measures provide for comprehensive amendments to Nigeria’s Customs and Excise Tariff framework, which are designed to support domestic industrial development, facilitate legitimate trade and improve the administration of fiscal and tariff policies in the country.
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In this context, the approved amendments include the Revised Import Adjustment Tax (IAT) List for the implementation of the ECOWAS Common External Tariff (2022–2027), the Revised National List for the implementation of the ECOWAS Common External Tariff (2022–2027), the Revised Import Prohibition List (Trade), the Revised List of Goods Liable to Excise Duty, the Green Tax Surcharge on motor vehicles with engine capacities of 2,000cc and above and the Revised Export Prohibition List.
Importers, exporters, manufacturers, licensed customs agents and other stakeholders are required to familiarize themselves with the provisions of the amended tariff schedules and ensure full compliance with the relevant fiscal and regulatory requirements governing their respective transactions in line with the approved Fiscal Policy Measures.
“To ensure smooth implementation and promote transparency, the Service has made the full 2026 Fiscal Policy Measures and Tariff Amendments downloadable from the official website of the Service at www.customs.gov.ng.The Service continues to be committed to supporting government policies while carrying out its mandate of trade facilitation, revenue collection and border security. “The successful implementation of the 2026 Fiscal Policy Measures and Tariff Amendments requires the cooperation of all stakeholders in the trade ecosystem as we collectively work to build a more competitive, transparent, and sustainable economy,” the statement read.
