The federal government has banned the importation of poultry foods, cement, pharmaceutical and agricultural products from countries outside the Economic Community of West African States (ECOWAS).
According to a circular by the federal ministry of finance,
signed by Wale Edun, the minister of finance, dated April 1, 2026, and seen by
TheCable, the products are part of 17 items on a revised import prohibition
list.
“Import Prohibition list (Trade), applicable only to certain
goods originating from non-ECOWAS Member States. It consists of 17 items,” the
circular reads.
The revised import prohibition list is part of the 2026
fiscal policy measures (FPM) and tariff amendments.
“In addition, a grace period of ninety (90) days, commencing
from the effective date of implementation of this circular, i.e., 1st April
2026, shall be granted to all importers who had opened Form ‘M’ and must have
entered into irrevocable Trade Agreement before the coming into effect of this
circular, to process and clear their goods at the prevailing duty rates,” the
circular reads.
“However, any new import transaction entered from the 1st of
April 2026, shall be subjected to the new import duty regime.
“These Fiscal Policy Measures which supersede the 2023
Fiscal Policy Measures shall be published in the Official Federal Government
Gazette.”
Below are list of the items on the revised import
prohibition list.
(1). Live or dead birds, including frozen poultry
(2). Pork/beef, including tongues, livers, and shoulders of
bovine animals
(3). Bird eggs, excluding hatching eggs of grand parent
stock for breeding and research purposes
(4). Refined vegetable oil, excluding refined linseed,
castor oil, olive oil, and hydrogenated vegetable fats, and crude vegetable oil
(5). Cane or beet sugar and chemically pure sucrose, in
solid form containing added flavouring or colouring matters
(6). Cocoa butter, powder and cakes, including fat and oil
of cocoa and natural cocoa butter
(7). Tomatoes, whole or in pieces, tomato paste or
concentrates
(8). Waters, including mineral waters and aerated waters,
containing added sugar or sweetening matter or flavoured, once snow, as well as
other non-alcoholic beverages
(9). Bagged cement
(10). Medicament (medicine) under several headings
(11). Waste pharmaceuticals
(12). Mineral or chemical fertilisers containing the three
fertilising elements nitrogen, phosphorus and potassium (NPK)
(13). Soaps and detergents
(14). Corrugated paper and paper boards, cartons, boxes and
cases made from corrugated paper and paper boards
(15). Hollow glass bottles of a capacity exceeding 150 mis
(0.15 litres), such as carboys, bottles and flasks
(16). Flat-rolled products of iron or non-alloy steel, of a
width of 600mm or more, clad, plated or coated – corrugated
(17). Ball point pen and parts, including refills (excluding
tip) for Ball point pens, comprising the Ball point and ink-reservoir
Also, the federal government introduced 2 percent green tax
surcharge or excise duty on motor vehicles with engine size of 2009 cc – 3999
cc and 4000 cc – above.
Recall that on April 17, the federal
government cut tariffs on cars, palm oil, and sugar in new fiscal policy
measures.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com