Customs announces takeoff of tax-free imports

The Nigeria Customs Service Board (NCSB) has announced that goods valued at $300 or less will now be exempt from import duties and taxes, beginning Monday, September 8.

The policy, approved during the board’s 63rd regular meeting chaired by Wale Edun, minister of finance and coordinating minister of the economy, introduces a de minimis threshold for low-value consignments brought in through express shipments or passenger baggage.

In a statement on Sunday, Abdullahi Maiwada, the public relations officer of the NCS, explained that the measure was designed to simplify clearance for small imports, boost trade facilitation, and provide much-needed clarity for e-commerce players and travellers.

“By definition, it is essential to note that the De Minimis threshold is the value below which imported goods are exempted from payment of customs duties and related taxes established by the national legislation,” the statement reads.

“After a comprehensive review of similar practices across continents, the Board approved $300 as Nigeria’s official De Minimis threshold. This exemption will apply to low-value imports, e-commerce consignments, and passenger baggage.

“The threshold, which is restricted to four importations per annum, aligns with Section 3(c & d), subsections (5 & 6), and other relevant provisions of the Nigeria Customs Service Act. 2023, as well as international instruments, including the World Trade Organisation (WTO) Trade Facilitation Agreement and the World Customs Organisation (WCO) Revised Kyoto Convention.

“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.

“Similarly, passenger merchandise in baggage not exceeding the same value shall also be exempted.”

Maiwada noted that consignments meeting the requirement would enjoy immediate clearance without post-release documentation. However, he cautioned against abuse of the system.

“Noncompliance penalties include forfeiture, arrest, and other sanctions stipulated in the NCS Act, 2023,” he said.

To support implementation, the Customs spokesperson said the service will establish multi-channel helpdesks to assist stakeholders, provide compliance guidance, and resolve inquiries or complaints.

The NCS expects the initiative to reduce delays, encourage cross-border e-commerce, and strengthen Nigeria’s role as a leader in regional trade facilitation.