Federal Government of Nigeria revises excise regime

The Federal Government of Nigeria has re-introduced an ad-valorem excise structure to spirits and wines. With this introduction, excise duty on spirits, wines and cigarettes will now be based on both ad-valorem and specific excise structures.

Federal Government announces trade related measures to address COVID-19 pandemic

Federal Government announces trade-related measures to address COVID-19 pandemic

The President of the Federal Government of Nigeria has approved the waiver of import duty and value-added tax (VAT) on all medical equipment and supplies imported into Nigeria from 1 May 2020.