By Newsshelve
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 said the new measures introduce comprehensive changes to the Customs and Excise Tariff framework to support domestic industrial development, facilitate legitimate trade and improve the administration of fiscal and tariff policies nationwide.
According to a statement issued on Wednesday by the National Public Relations Officer of the NCS, Deputy Comptroller Abdullahi Maiwada, the approved amendments align Nigeria’s tariff regime with regional and international obligations, particularly the ECOWAS Common External Tariff (2022–2027).
The amendments include a revised Import Adjustment Tax (IAT) List for the implementation of the ECOWAS Common External Tariff, a revised National List under the same framework, a revised Import Prohibition List (Trade), a revised list of goods liable to excise duty, a Green Tax surcharge on motor vehicles with engine capacities of 2000cc and above, and a revised Export Prohibition List.
The Customs Service directed 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.
“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,” the statement said.
The document can be accessed through the NCS website at www.customs.gov.ng, where stakeholders are encouraged to study the provisions carefully to ensure compliance with the approved fiscal measures and tariff amendments.
The NCS reiterated its commitment to supporting government economic policies while fulfilling its statutory mandate of trade facilitation, revenue collection and border security.
It added that the successful implementation of the 2026 Fiscal Policy Measures and Tariff Amendments would depend on the cooperation of all stakeholders within the trade ecosystem, as the government seeks to build a more competitive, transparent and sustainable economy.
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