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Nigeria Exempts Raw Materials for Pharmaceutical Products from Import Duty and VAT

08 April 2025

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Approved Changes

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Nigeria

The Nigeria Customs Service has issued a release via X announcing that a two-year exemption from import duty and VAT is being provided on the import of raw materials essential for the production of pharmaceutical products, which is limited to manufacturers of pharmaceutical products recognized by the Federal Ministry of Health and Social Welfare, provided they possess a valid Tax Identification Number (TIN). The release is dated 26 March 2025. --- PRESS RELEASE NIGERIA CUSTOMS SERVICE IMPLEMENTS PRESIDENTIAL EXECUTIVE ORDER TO BOOST LOCAL PRODUCTION OF HEALTHCARE PRODUCTS 1. Drawing from Presidential directives aimed at enhancing local manufacturing of healthcare products,...