In Fresh Fiscal Policy Drive, FG Slashes Tariffs on Cars, Sugar Cane, Palm Oil
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*Tariff on fully-built passenger, four-wheel drive vehicles, station wagon drops from 70% to 40%
Ndubuisi Francis in Abuja
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has approved the commencement of fiscal policy measures for 2026, including sizeable tariff adjustments on about 30 items.Part of the policy is a list of 127 tariff lines with reduced import duty rates, with the target to “promote and stimulate growth in critical sectors of the economy.”Th
Ndubuisi Francis in Abuja
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has approved the commencement of fiscal policy measures for 2026, including sizeable tariff adjustments on about 30 items.Part of the policy is a list of 127 tariff lines with reduced import duty rates, with the target to “promote and stimulate growth in critical sectors of the economy.”Th
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