The Nigeria Customs Service (NCS) has commenced implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Tinubu to strengthen Nigeria’s trade and fiscal framework.
The spokesperson of the NCS, Abdullahi Maiwada, said in a statement on Wednesday in Abuja that the measures would enhance economic competitiveness and boost revenue generation.
He explained that the reforms are also designed to align Nigeria’s tariff regime with regional and international obligations while supporting legitimate trade and fiscal administration nationwide.
Maiwada said that the amendments would support domestic industrial development, facilitate legitimate trade and improve administration of fiscal and tariff policies across the country.
“The approved amendments include the Revised Import Adjustment Tax List for the implementation of the ECOWAS Common External Tariff (2022–2027),” he said.
According to him, other measures include the Revised National List under the ECOWAS Common External Tariff framework and the Revised Import Prohibition List (Trade).
He noted that the reforms also cover the Revised List of Goods Liable to Excise Duty, the Green Tax Surcharge on vehicles above 2000cc and the Revised Export Prohibition List.
Maiwada urged importers, exporters, manufacturers, licensed customs agents and other stakeholders to familiarise themselves with the amended tariff schedules.
He said that stakeholders should ensure full compliance with the fiscal and regulatory requirements applicable to their transactions under the new regime.
“To facilitate seamless implementation and promote transparency, the service has made the complete 2026 Fiscal Policy Measures and Tariff Amendments available for download,” he said, adding that the documents could be accessed through the official website of the Nigeria Customs Service https://customs.gov.ng/publications/circulars/customs-excise-tariff-etc-variation-order2026.
He urged stakeholders to carefully study the provisions to ensure 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 added.
It will be recalled that the Comptroller-General of Customs, Mr. Bashir Adeniyi, announced the revised import duties while defending the NCS’s 2026 budget proposal before the lawmakers.
Adeniyi explained that the revised tariff regime formed part of the Nigerian government’s broader 2026 fiscal policy and was expected to stimulate economic activities.
GIK/APA