The Nigeria Customs Service (NCS) has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Ahmed Tinubu, aimed at strengthening Nigeria’s fiscal and trade policy framework, boosting economic competitiveness, and enhancing revenue generation.
The Service, in a statement signed by its National Public Relations Officer, Deputy Comptroller of Customs Abdullahi Maiwada, said the new measures are designed to align Nigeria’s tariff regime with regional and international obligations while supporting domestic industrial development and facilitating legitimate trade.
According to the statement, the approved amendments introduce comprehensive changes to the country’s Customs and Excise Tariff framework. These include the Revised Import Adjustment Tax (IAT) List for the implementation of the ECOWAS Common External Tariff (2022–2027), the Revised National List under the same tariff regime, 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, as well as the Revised Export Prohibition List.
The NCS urged importers, exporters, manufacturers, licensed customs agents, and other stakeholders to familiarise themselves with the amended tariff schedules and ensure full compliance with the applicable fiscal and regulatory requirements governing their transactions.
To ensure seamless implementation and promote transparency, the Service has made the complete 2026 Fiscal Policy Measures and Tariff Amendments available on its official website for public access. Stakeholders were encouraged to carefully study the provisions to ensure adherence to the approved fiscal measures.
The Nigeria Customs Service reaffirmed its commitment to supporting government policies while effectively carrying out its statutory responsibilities of trade facilitation, revenue collection, and border security.
The Service added that the successful implementation of the 2026 Fiscal Policy Measures and Tariff Amendments would require the cooperation of all stakeholders in the trade ecosystem to build a more competitive, transparent, and sustainable economy.
