The Nigeria Customs Service Board (NCSB) has approved a $300 duty-free threshold for low-value imports, effective from September 8. The move aims to simplify clearance, reduce delays, and strengthen Nigeria’s e-commerce sector, according to TheGuardian.
New Duty-Free Policy
The policy, chaired by Finance Minister Wale Edun at the board’s 63rd meeting, exempts consignments worth $300 or less from customs duties and taxes. However, the exemption does not cover prohibited or restricted goods.
It applies to express shipments and items carried in passenger baggage, capped at four importations per year. Officials noted that the measure aligns with global best practices, including the World Trade Organisation’s Trade Facilitation Agreement and the World Customs Organisation’s Revised Kyoto Convention.
The Board said the initiative simplifies clearance, reduces delays, and provides clarity for importers, e-commerce operators, and travellers.
Boost for E-Commerce and Small Businesses
Authorities expect the exemption to encourage small businesses, expand cross-border trade, and reduce consumer costs. With millions of Nigerians turning to online shopping, the reform could position the country as a regional hub for e-commerce.
Warning to Customs Officers
Alongside the policy, the board addressed disciplinary issues. The Board demoted two officers and placed them on mandatory medical evaluation after viral videos exposed their misconduct. It also reinstated two others after review.
The Board issued a strong warning against unethical behaviour, substance abuse, and misconduct. It stressed that such actions erode public trust and will attract sanctions, including dismissal, arrest, and forfeiture of goods under the Nigeria Customs Service Act, 2023.
“The Service remains committed to accountability, discipline, and integrity in carrying out its mandate,” the Board said.
