Nigeria's New Green Tax Surcharge on Vehicles

Nigeria introduced a new Green Tax Surcharge on imported vehicles as part of the 2026 Fiscal Policy Measures, effective 1 July 2026. The surcharge is managed and collected by the Nigeria Customs Service and is meant to promote environmental sustainability, reduce carbon emissions, and encourage the importation of cleaner vehicles into the country, in line with global environmental standards. The surcharge is levied based on engine size, including a 2% rate on vehicles with an engine size of 2…