The Nigeria Customs Service has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments as approved by President Bola Tinubu.
In a statement on Wednesday, the National Public Relations Officer of the Service, Abdullahi Maiwada, explained that the measures stem from the Federal Government’s commitment to strengthening Nigeria’s fiscal and trade policy framework, promoting economic competitiveness, enhancing revenue generation, and aligning the nation’s tariff regime with regional and international obligations.
He explained that the approved Fiscal Policy Measures introduce comprehensive amendments to the Nigeria Customs Service’s Excise Tariff framework to support domestic industrial development, facilitate legitimate trade, and improve the administration of fiscal and tariff policies across the country.
“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 2000cc and above, and the Revised Export Prohibition List,” Maiwada added.
According to him, 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.
He highlighted 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.
Maiwada said stakeholders can access the document by clicking the designated link. “The Service hereby encourages all stakeholders to carefully study the provisions of the document to ensure full compliance with the approved fiscal measures and tariff amendments.
“The Service remains committed to supporting government policies while fulfilling its mandate of trade facilitation, revenue collection and border security,” he said.
The NCS image maker maintained that the successful implementation of the 2026 Fiscal Policy Measures and Tariff Amendments requires cooperation from all stakeholders in the trade ecosystem as they collectively work to build a more competitive, transparent and sustainable economy.
