Pharmaceuticals now exempted from import duty, VAT – Customs

The Nigeria Customs Service has announced a two-year exemption from import duty and Value Added Tax for critical raw materials essential for the production of pharmaceuticals.

The exemption, granted under a presidential executive order, was disclosed on Wednesday in a statement issued by the NCS National Public Relations Officer, Assistant Comptroller Abdullahi Maiwada.

Maiwada specified that the relief covers active pharmaceutical ingredients…