President @MBuhari has approved the waiver of import duty and VAT for critical medical equipment and supplies, for a period of six months in the first instance, with effect from 1st May, 2020.
These waivers are the latest of the fiscal policies measures introduced by @NigeriaGov to combat the economic implications of the #COVID19 pandemic, and to support the strengthening of health infrastructure in Nigeria.
The President has also directed the Nigeria Customs Service @CustomsNG to ensure that, in line with Standard Operating Procedures for the clearance of humanitarian/relief materials, these critical medical equipment and supplies are given expedited clearance at all times.
The WCO/WHO recommended list has been subsequently reviewed by @TradeInvestNG and @FinMinNigeria.
“Those items for which Nigeria has adequate local capacity to produce, such as textile face masks, undenatured ethyl alcohol, hydrogen peroxide (medical and disinfectant), hand sanitizers and syringes, with or without needles, have been removed from the list.” — @ZShamsuna
