The Nigeria Customs Service (NCS) has commenced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Ahmed Tinubu in a move aimed at strengthening Nigeria’s fiscal and trade policy framework, enhancing revenue generation and improving the country’s economic competitiveness.
According to an official statement signed by the National Public Relations Officer of the Nigeria Customs Service, Deputy Comptroller of Customs Abdullahi Maiwada, the new fiscal measures introduce far-reaching amendments to the nation’s Customs and Excise Tariff framework to support domestic industrial development, facilitate legitimate trade and align Nigeria’s tariff regime with regional and international obligations.
The statement said the reforms are part of the Federal Government’s broader efforts to modernise trade policies, improve the administration of fiscal and tariff systems, and create a more transparent and competitive business environment.
Among the key amendments approved under the 2026 Fiscal Policy Measures are the Revised Import Adjustment Tax (IAT) List for the implementation of the ECOWAS Common External Tariff (2022–2027), the Revised National List under the ECOWAS Common External Tariff framework, 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 Nigeria Customs Service explained that the revised tariff framework is designed to provide greater clarity for importers, exporters and manufacturers while supporting the Federal Government’s objectives of promoting local production, protecting strategic industries and ensuring efficient trade regulation.
The Service advised importers, exporters, manufacturers, licensed customs agents and other stakeholders involved in international trade to familiarise themselves with the provisions of the revised tariff schedules and ensure strict compliance with the applicable fiscal and regulatory requirements governing their operations.
To facilitate a seamless transition, the Customs Service announced that the complete 2026 Fiscal Policy Measures and Tariff Amendments have been published on its official website for easy access by stakeholders.
The Service urged members of the trading community to carefully study the new provisions to ensure compliance and avoid disruptions in their import and export activities.
According to the statement, effective implementation of the revised fiscal measures will depend on the cooperation of all stakeholders within the trade ecosystem, including importers, exporters, manufacturers, customs agents and other regulatory partners.
The Nigeria Customs Service reaffirmed its commitment to supporting the Federal Government’s economic policies through efficient revenue collection, trade facilitation and border security, while ensuring that the new tariff regime contributes to building a more transparent, competitive and sustainable economy.
