Nigeria, April 11 -- The Federal Government has approved the implementation of the 2026 Fiscal Policy Measures, including new tariff amendments and excise duties on beverages and tobacco products, taking effect from 1 April.

In a document issued by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, seen by PREMIUM TIMES on Friday, the government policy introduces Supplementary Protection Measures (SPM) in line with the ECOWAS Common External Tariff (CET) 2022-2027.

The Policy Measures are for the implementation of the ECOWAS Common External Tariff (CET) 2022 - 2027 and excise duties on non- alcoholic beverages, alcoholic beverages, cigarettes and tobacco products, as well as Green Tax Surcharge.

These include ...