Tag: Import Duties

Nigeria Slashes Duties On Cars, Palm Oil, Sugar
April 11, 2026 No Responses

Nigeria Slashes Duties On Cars, Palm Oil, Sugar

The Nigerian Government has approved the implementation of the 2026 Fiscal Policy Measures (FPM), introducing sweeping tariff reductions on key imports, including vehicles, crude palm oil, and sugar.The new measures, contained in a circular dated April 1, 2026, and signed...
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Customs FOU Zone “C” Records N7b Seizures As Compt Kayode Bows Out
April 19, 2024 No Responses

Customs FOU Zone “C” Records N7b Seizures As Compt Kayode Bows Out

Between January 25th, 2023 and April 19th, 2024, the Nigeria Customs Service, Federal Operations Unit, Zone “C” seized contrabands worth N7,577,259,390.00.Outgoing Comptroller Kayode Kolade disclosed this in a farewell message while handing over to his suc...
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UK To Cut Taxes On Imports From Developing Countries
August 16, 2022 No Responses

UK To Cut Taxes On Imports From Developing Countries

The UK is to cut import taxes on hundreds more products from some of the world’s poorest countries to boost trade links. The Developing Countries Trading Scheme comes into force in January and builds on a scheme the UK was...
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