The Nigeria Customs Service (NCS) has announced the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments approved by President Bola Ahmed Tinubu.

The development was disclosed in a statement issued on Wednesday by the National Public Relations Officer of the Service, Abdullahi Maiwada.

According to the NCS, the newly approved fiscal measures introduce extensive changes to Nigeria's Customs and Excise Tariff framework, with the objective of boosting domestic industrial growth, facilitating legitimate trade, and strengthening the administration of fiscal and tariff policies nationwide.

Among the key 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 same tariff regime, the updated 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.

The Service urged importers, exporters, manufacturers, licensed customs agents, and other stakeholders to study the amended tariff schedules and comply fully with the applicable fiscal and regulatory requirements governing their operations.

"In line with the approved Fiscal Policy Measures, importers, exporters, manufacturers, licensed customs agents, and other stakeholders are required to familiarise themselves with the provisions of the amended tariff schedules and ensure full compliance with the applicable fiscal and regulatory requirements governing their respective transactions," the statement said.

To ensure a smooth rollout and promote transparency, the Customs Service said the complete 2026 Fiscal Policy Measures and Tariff Amendments have been published on its official website for public access.

The Service reaffirmed its commitment to implementing government policies while advancing its core mandates of trade facilitation, revenue generation, and border security.

It added that the success of the new fiscal measures would depend on the cooperation of all stakeholders within the trade ecosystem in building a more competitive, transparent, and sustainable Nigerian economy.