ANNOUNCEMENT 06 Feb 2013

In February 2013, the government of Nigeria announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Central Bank of Nigeria (in English), http://www.cenbank.org/Out/2013/TED/fiscal%20policy%20meas..pdf
KPMG TaxNewsFlash (in English), http://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/taxnewsflash/Pages/nigeria-tax-measures-in-2013-budget.aspx


Inception date: 06 Feb 2013 | Removal date: open ended

Import tariff

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 vehicles in Nigeria.

AFFECTED SECTORS

 
491 492

AFFECTED PRODUCTS

 
870810 870829 870830 870840 870850 870870 870880 870891 870893 870899