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FG waives import duties on EVs, mass transit buses, machinery

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FG waives import duties on EVs, mass transit buses, machinery

14 Apr, 2026

The Federal Government has waived import duties on electric vehicles, mass transit buses and manufacturing machinery as part of new fiscal measures aimed at easing economic pressure on Nigerians and curbing inflationary pressures. The disclosure was contained in an X post on Monday by Dada Olusegun, Special Assistant to the President on Social Media. The development followed President Bola Ahmed Tinubu’s directive to key economic officials to design measures to cushion the impact of the ongoing Middle East crisis on Nigerians, particularly amid rising fuel prices......................READ MORE