DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria (231 Views)
| DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria by NaijaphiliaBlog(op): 4:09am On Sep 08, 2025 |
The Nigeria Customs Service Board (NCSB) has approved a de minimis threshold value of $300 for low-value consignments imported via express shipments or passenger baggage. This was announced on Sunday 7 September 2025 by the National Public Relations Officer (PRO) of the Nigeria Customs Service, Abdullahi Maiwada. According to him, the decision was taken at the NCSB’s 63rd regular meeting on 02 September 2025, chaired by Wale Edun, minister of finance and coordinating minister of the economy. He added that the decision takes effect on 8 September 2025 and aligns with global best practices that aim to simplify clearance processes for low-value consignments, enhance trade facilitation, and provide clarity for e-commerce stakeholders and travellers. “Under the new regulation, goods valued at $300 or less will be exempted from import duties and taxes, provided they are not prohibited or restricted items.” SOURCE https://x.com/NaijaphiliaBlog/status/1964887538566668573
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| Re: DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria by MrIcredible: 4:11am On Sep 08, 2025 |
Haha You'll see Nigerians now import a whole container of goods worth 200,000 dollars, but will declare it $200 ![]() |
| Re: DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria by NaijaphiliaBlog(op): 5:38am On Sep 08, 2025 |
MrIcredible:Interesting perspective! Very very interesting. |
| Re: DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria by mightykay(m): 5:44am On Sep 08, 2025 |
U are 1000% correct post=136726494]Haha You'll see Nigerians now import a whole container of goods worth 200,000 dollars, but will declare it $200 [/quote] |
| Re: DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria by lordm(m): 12:34pm On Sep 08, 2025 |
Lolz, go and clear your goods first |
| Re: DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria by Ikaeniyan0: 1:26pm On Sep 08, 2025 |
NaijaphiliaBlog:After the 3rd or 4th time, you will pay the necessary fees on anything you import into Nigeria. |
| Re: DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria by NaijaphiliaBlog(op): 3:44pm On Sep 08, 2025 |
Ikaeniyan0:How do you mean? The previously required taxes and customs duties on items below $300 have now been cancelled. |
| Re: DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria by helinues: 4:05pm On Sep 08, 2025 |
The new Nigeria in the making. Most of the sectors are not independent, they make decisions and consult his Excellency for approval. Must well thought things Nigeria is in the right direction with president Tinubu |
| Re: DID YOU KNOW? Imports $300 Or Less Are Now Tax-free In Nigeria by Ikaeniyan0: 5:16pm On Sep 08, 2025 |
NaijaphiliaBlog:The threshold, which is restricted to four importations per annum, aligns with Section 5(c and d), Section 158 subsections (5 and 6), and other relevant provisions of the Nigeria Customs Service Act, 2023 https://www.google.com/amp/s/www.channelstv.com/2025/09/07/nigeria-customs-service-board-approves-duty-free-limit-for-low-value-imports/amp/ |
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