Customs waive import duty on pharmaceutical raw materials

The Nigeria Customs Service, NCS has waived import duty and Value Added Tax, VAT on critical raw materials essential for pharmaceutical production for a period of two years.

Its Spokesperson, Abdullahi Maiwada, made this known in a statement on Wednesday in Abuja.

Maiwada explained that the waiver aligned with the Presidential directives to enhance local healthcare product manufacturing, reduce costs of medical equipment and consumables, and stimulate local…