Import duty waivers on CNG, medical equipment, others rise to N34trn- Customs CG
Mr Adeniyi said the waivers, granted through Import Duty Exemption Certificates (IDECs), significantly reduced the revenue the Service could have generated for the government “IDEC approvals reached about ₦34 trillion in 2025, 60 per cent of which as rightly done by government related to military hardware procurements which attracted duty exemptions because of Nigeria’s prevailing security challenges.
The value of import duty waivers granted on military hardware, healthcare supplies, manufacturing inputs, food commodities, Compressed Natural Gas (CNG) vehicles and other items rose to ₦34 trillion between March 2000 and December 2025.
The waivers, granted through Import Duty Exemption Certificates, allow approved individuals, companies and government agencies to import specified goods without paying the applicable customs duties.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
