Nigeria : Fiscal policy measures 2012

Measure #3457 | Published 29 May 2012 ▲

Description

In the context of fiscal policy measures the Nigerian government adopted the following trade relevant measures:

  • As of 31 January 2012 the import of machinery and equipment for the agricultral sector, as well as for the development of the electrical power supply, is free from duties
  • As of 31 March 2012 the import of manioc flour is prohibited (Affected Tariff Line: 1106)
  • As of 1 July 2012 the following tariff rates and extra duties apply for the import of selected agricultural products :

 
Wheat Flour (1101)
Tariff Rate: 35%
Extra Duty 65%
 
Grain of Wheat (4104)
Tariff Rate: 5%
Extra Duty 15%
 
Husked Rice (brownrice) (1006)
Tariff Rate: 5%
Extra Duty 25%
 
Polished Rice (1006)
Tariff Rate: 10%
Extra Duty 40%

Any Evidence-Based Deliberation:

Question Result
Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations?
Is there any evidence that alternatives to the proposed measure were considered?
Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government?
Was such evidence identified?
Is such evidence publicly available?
Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives?
Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken?
Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory?
Did the government state its intention to review the measure within one year of implementation?

Implementing Jurisdiction:

Affected Trading Partners:


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Measure type:

Affected Sectors:

Affected Tariff Lines:

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Date Discovered:

Implemented: Yes

Date of inception: 31 Jan 2012

GTA Evaluation: Amber

Government Response:

Glossary of trade terms