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NCS Rolls Out 2026 Fiscal Policy Measures, Tariff Amendments

The Nigeria Customs Service (NCS) has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Ahmed Tinubu, as part of the Federal Government’s commitment to strengthening Nigeria’s fiscal and trade policy framework.

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According to a statement issued on Wednesday by the National Public Relations Officer of the Service, Deputy Comptroller of Customs Abdullahi Maiwada, the new measures are designed to promote economic competitiveness, enhance revenue generation, support domestic industrial development, facilitate legitimate trade, and align Nigeria’s tariff regime with regional and international obligations.

Maiwada explained that the approved Fiscal Policy Measures introduce comprehensive amendments to Nigeria’s Customs and Excise Tariff framework, aimed at improving the administration of fiscal and tariff policies across the country.

He listed the key amendments to 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, as well as the Revised Export Prohibition List.

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The Customs spokesman urged importers, exporters, manufacturers, licensed customs agents, and other stakeholders to familiarise themselves with the provisions of the amended tariff schedules and ensure full compliance with all applicable fiscal and regulatory requirements.

To ensure seamless implementation and transparency, the Service has made the complete 2026 Fiscal Policy Measures and Tariff Amendments available on its official website for public access.

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Stakeholders can download the document from the Nigeria Customs Service website or directly through the publication link to study the provisions and ensure compliance with the approved fiscal measures and tariff amendments.

Maiwada reaffirmed the Service’s commitment to supporting government policies while effectively discharging its statutory responsibilities of trade facilitation, revenue collection, and border security.

He stressed that the successful implementation of the 2026 Fiscal Policy Measures and Tariff Amendments would require the cooperation of all stakeholders within the trade ecosystem in building a more competitive, transparent, and sustainable economy.


Joshua Okoria

Joshua Okoria is a Lagos based multi-skilled journalist covering the maritime industry. His ICT and graphic design skills makes him a resourceful person in any modern newsroom. He read mass communication at the Olabisi Onabanjo University and has sharpened his knowledge in media practice from several other short courses. 07030562600, hubitokoria@gmail.com

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