TÜRKIYE IS PLANNING TO ESTABLISH LOCAL DEFENCE PRODUCTION FACILITIES AND MILITARY TRAINING CENTRES IN NIGERIA AS PART OF EFFORTS TO STRENGTHEN SECURITY COOPERATION AND INCREASE BILATERAL TRADE TO $5 BILLION.(PHOTO).

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 Türkiye is planning to establish local defence production facilities and military training centres in Nigeria as part of efforts to strengthen security cooperation and increase bilateral trade to $5 billion. Turkish Ambassador to Nigeria, Mehmet Poroy, disclosed this on Monday in Abuja, saying the proposed facilities would enable Türkiye to support local military equipment production rather than simply supplying weapons and equipment. He also revealed that 200 Nigerian special forces personnel were undergoing a two-month training programme in Türkiye, with plans underway to establish a similar facility in Nigeria. “We are planning to have some local production unit also in that context, not only selling to Nigeria the tools, equipment, the arms that it needs, but also the possibility of having local production here in Nigeria,” Poroy said. On trade, the ambassador said bilateral trade currently stood at approximately $2 billion, including oil and gas, but both countries were targe...
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NIGERIA CUSTOMS SERVICE IMPLEMENTS 2026 FISCAL POLICY MEASURES/ TARIFF AMENDMENTS. (PHOTO).

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 NIGERIA CUSTOMS SERVICE IMPLEMENTS 2026 FISCAL POLICY MEASURES/ TARIFF AMENDMENTS


The Federal Government has approved the implementation of the 2026 Fiscal Policy Measures and Tariff Amendments to strengthen Nigeria's fiscal and trade framework, boost competitiveness, and enhance revenue generation.


A statement by the Public Relations Officer of the Nigeria Customs Service, Abdullahi Maiwada, says the measures introduce key changes to the Customs and Excise Tariff. 


These include revised ECOWAS Common External Tariff lists, import and export prohibition lists, excise duty schedules, and a Green Tax surcharge on vehicles with engine capacities of 2,000cc and above.


Importers, exporters, manufacturers, licensed customs agents, and other stakeholders are required to familiarise themselves with the new tariff schedules and comply with the updated fiscal and regulatory requirements.


The Nigeria Customs Service has published the full document on its official website to promote transparency and ensure smooth implementation.


The Service says successful implementation will depend on stakeholders' cooperation in advancing trade facilitation, revenue collection, border security, and sustainable economic growth.

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