Taxonomy: Implementing Jurisdiction - Nigeria
Nigeria: Elimination of import duties and import VAT on machinery and equipment for the mining sector
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On 6 February 2013, Nigeria announced that import duties and import VAT on machinery and equipment imported for the solid minerals sector will be set at 0 per cent in order to boost the economy and investments in the Nigerian mining sector.Nigeria: Elimination of import duty and import VAT on commercial aircraft and aircraft spare parts
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On 6 February 2013, Nigeria announced a reduction of the import duty to 0 per cent and a reduction of the import VAT to 0 per cent on all commercial aircraft and aircraft spare parts imported for use in Nigeria.Nigeria: Tariff and levy increase on imported rice
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On 6 February 2013, Nigeria announced a 10 per cent import duty and a 100 per cent levy on brown, semi-milled and wholly milled rice. This measure induces an increase in the levy from previously 30 per cent to 100 per cent on imported brown rice.Nigeria: Reduction of import duty on components for mass transit buses
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On 6 February 2013, Nigeria reduced the import duty on completely knocked down (CKD) components for mass transit busses with a capacity of at least 40 seats from 5 per cent to 0 per cent in order to encourage the production of mass transit vehicleNigeria: Smoother customs procedures
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Nigeria: Fiscal policy measures 2013
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Nigeria: Ban on refined sugar imports
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According to Bloomberg and several other news agencies, based on remarks from the trade minister and the executive secretary of the National Sugar Development Council, the Nigerian federal government bans imports of packaged sugar, granulated andNigeria: Increased sugar tariffs in order to boost domestic production
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The Nigerian president, Mr Goodluck Jonathan, announced new measures with regard to the sugar industry in his 2013 Budget Speech.Nigeria: Increased import duty on wheat grain
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On 20 July 2012, the government of Nigeria increased import duty on wheat grain from 5% to 20%.Nigeria : Fiscal policy measures 2012
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In the context of fiscal policy measures the Nigerian government adopted the following trade relevant measures:
