Nigeria : Fiscal policy measures 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? |
Date Discovered:
Implemented: Yes
Date of inception: 31 Jan 2012
GTA Evaluation: Amber
Government Response:
- 673 reads
