Import duty waivers rise to N34 trillion in 2025, Customs says

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Import duty waivers rise to N34 trillion in 2025, Customs says

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The Nigeria Customs Service reported that import duty exemption approvals surged to N34 trillion in 2025, with approximately 60% of waivers allocated for military hardware procurement. This indicates significant government expenditure towards defense imports.

The Nigeria Customs Service has revealed that the value of Import Duty Exemption Certificate approvals for imported goods and equipment rose to N34 trillion in 2025, with about 60 per cent of the waivers granted for military hardware procurement. The post Import duty waivers rise to N34 trillion in 2025, Customs says appeared first on Nairametrics.

Security Conflict Politics Markets import duty military hardware customs service Nigeria defense procurement

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