Nigeria, April 20 -- The Centre for the Promotion of Private Enterprise (CPPE) on Sunday said Nigeria's 2026 fiscal policy measures signal a strong shift towards domestic production and industrialisation, but warned that the changes could create adjustment pressures for import-dependent businesses.

In a policy brief released on Sunday, the centre's Chief Executive Officer, Muda Yusuf, said the newly approved measures, including tariff revisions and import restrictions, reflect a deliberate strategy by the Federal Government to reduce reliance on imports and strengthen local industries.

The framework includes changes to the Import Adjustment Tax across 192 tariff lines, reductions in duties on key industrial inputs, and the introduction ...