Import Duty

FG Cuts New Vehicle Import Levy to 10%, Used Vehicles to 5%

July 01 (THEWILL) — The Federal Government has reduced the import levy on new vehicles from 20 per cent to 10 per cent and on used vehicles from 15 per cent to five per cent under its 2026 Fiscal...

FG Suspends 15% Import Duty On Petrol, Diesel, Assures Stable Fuel Supply

November 13, (THEWILL) — The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed the suspension of the proposed 15 per cent ad-valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), popularly known as...
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Latest News

UNGA81: 73 Heads of State, 45 Heads of Government Expected in New York

The United Nations says 73 Heads of State and 45 Heads of Government are expected in New York for the 81st General Assembly high-level week scheduled for September 22 to September 28.
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