Nigeria Customs Service (NCS) has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Tinubu to strengthen the trade policy framework, enhance revenue generation and improve the country’s competitiveness.

The NCS also 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 governing their transactions.

The approved amendments 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 (2022–2027), the Revised Import Prohibition List (Trade), the Revised List of Goods Liable to Excise Duty, the introduction of a Green Tax Surcharge on motor vehicles with engine capacities of 2,000cc and above, as well as the Revised Export Prohibition List.

In a statement issued yesterday by the Service’s National Public Relations Officer, Dr Abdullahi Maiwada, the NCS said the new measures were designed to align Nigeria’s customs tariff regime with regional and international obligations, support domestic industrial development, and facilitate legitimate trade.

According to the statement, the approved fiscal measures introduce comprehensive amendments to Nigeria’s Customs and Excise Tariff framework to improve the administration of fiscal and tariff policies nationwide.

The Service described the reforms as part of the Federal Government’s efforts to strengthen the country’s fiscal and trade policy framework, enhance revenue generation, and improve the country’s competitiveness.

To facilitate implementation and promote transparency, the Service said the complete 2026 Fiscal Policy Measures and Tariff Amendments have been published on its official website for public access.

The NCS urged stakeholders in the trade ecosystem to carefully study the provisions of the revised tariff framework to ensure seamless compliance with the approved fiscal measures.

The Service reiterated its commitment to supporting government policies while discharging its core mandates of trade facilitation, revenue collection and border security.

According to the NCS, the successful implementation of the 2026 Fiscal Policy Measures and Tariff Amendments will require cooperation among all stakeholders to build a more competitive, transparent, and sustainable economy.