Global Trade Alert
Global Trade Alert

Nigeria: The goverment implements zero tariffs and VAT on imported pharmaceutical

Announcement

26 Mar 2025

On 26 March 2025, the Nigerian government implemented zero import tariffs and VAT on imported pharmaceutical inputs.

Source

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Number of interventions

3

1 certainly harmful

0 likely harmful

2 liberalising

List of interventions

3 in force

Implementation date

26 Mar 2025

Revocation date:

25 Mar 2027

Import tariff In force

On 26 March 2025, the Nigerian government implemented zero percent import tariffs on imported pharmaceutical inputs for the manufacturing of pharmaceuticals for two years. The decision was taken by th...

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Internal taxation of imports In force

On 26 March 2025, the Nigerian government implemented a zero percent VAT on imported pharmaceutical inputs for the manufacturing of pharmaceuticals for two years. The decision was taken by the Nigeria...

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Implementation date

26 Mar 2025

Revocation date:

25 Mar 2027

Tax or social insurance relief In force

On 26 March 2025, the Nigerian government granted a tax concession to manufacturers of pharmaceutical products in the form of reduced import duties and VAT on imported pharmaceutical inputs for two ye...

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