ABUJA, Nigeria (VOICE OF NAIJA)- Nigeria Customs has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Ahmed Tinubu.
The announcement was contained in a statement issued on Wednesday by the Service’s spokesperson, Abdullahi Maiwada.
According to the statement, the approved Fiscal Policy Measures introduce far-reaching changes to Nigeria’s Customs and Excise Tariff framework to strengthen domestic industrial growth, promote legitimate trade, and enhance the administration of fiscal and tariff policies nationwide.
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The revised measures include the Updated 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 Updated Import Prohibition List (Trade), the Revised List of Goods Subject to Excise Duty, the Green Tax Surcharge on motor vehicles with engine capacities of 2,000cc and above, as well as the Revised Export Prohibition List.
“In line with the approved Fiscal Policy Measures, importers, exporters, manufacturers, licensed customs agents, and other stakeholders are required to familiarise themselves with the provisions of the amended tariff schedules and ensure full compliance with the applicable fiscal and regulatory requirements governing their respective transactions.
“To facilitate seamless implementation and promote transparency, the Service has made the complete 2026 Fiscal Policy Measures and Tariff Amendments available for download on its official website at www.customs.gov.ng.
“The Service remains committed to supporting government policies while fulfilling 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.