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Nigeria Customs Announces Implementation of 2026 Fiscal Policy Measures, Tariff Amendments

The Nigeria Customs Service (NCS) has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments, as approved by President Bola Ahmed Tinubu, as part of the Federal Government’s commitment to strengthening Nigeria’s fiscal and trade policy framework.

The move is aimed at promoting economic competitiveness, enhancing revenue generation, and aligning the nation’s tariff regime with regional and international obligations.

The National Public Relations Officer of the Service, Deputy Comptroller Abdullahi Maiwada, disclosed this in a statement on Wednesday, explaining that the approved Fiscal Policy Measures introduce comprehensive amendments to Nigeria’s Customs and Excise Tariff framework to support domestic industrial development, facilitate legitimate trade, and improve the administration of fiscal and tariff policies across the country.

DC Maiwada highlighted the approved amendments, including 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 2000cc and above, and the Revised Export Prohibition List.

He noted that, 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.

Maiwada stressed that, 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, www.customs.gov.ng.

He urged stakeholders to access the document by clicking on the link: https://customs.gov.ng/publications/circulars/customs-excise-tariff-etc-variation-order2026.

The NCS encouraged all stakeholders to carefully study the provisions of the document to ensure full compliance with the approved fiscal measures and tariff amendments.

The Service reiterated its commitment to supporting government policies while fulfilling its mandate of trade facilitation, revenue collection, and border security.

It added that the successful implementation of the 2026 Fiscal Policy Measures and Tariff Amendments requires the cooperation of all stakeholders in the trade ecosystem as they collectively work to build a more competitive, transparent, and sustainable economy.

ThelensNG

Hope Ejairu

Hope Ejairu is a writer, sports analyst and journalist, with publications in print and digital media. He holds certifications in various media/journalism trainings, including AFP.

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