Manufacturers Decry Exorbitant Energy Costs, Erratic Supply
Nigerian manufacturers face crippling energy bills up to N220m monthly, hindering competitiveness. Despite Band A promises, outages persist, forcing reliance on costly alternatives.
Category : Search result: tariff elimination
Nigeria, UAE Sign Major Trade Agreement on 7,000+ Products
Nigeria and the UAE have signed a historic Comprehensive Economic Partnership Agreement (CEPA), eliminating tariffs on thousands of goods and boosting market access for exporters and professionals.
SEREC Faults Port Protests, Advocates Arbitration
SEREC urges an end to port shutdowns over shipping charges, advocating for structured arbitration and cost transparency. Read their full recommendations for industry reform.
EKEDC Downgrades Lagos Feeders from Band A to E
EKEDC has downgraded seven Lagos feeders, moving some customers from Band A to Band E and slashing daily power supply to as low as four hours. Discover the affected areas and the public outcry.
Nigeria Reviews Tariffs to Support Local Manufacturers
The Federal Government has begun a review of Nigeria's tariff framework to strengthen industrial competitiveness and reduce production costs for domestic manufacturers. Read more.
New Tariffs to Make Nigeria's Ports 55% More Expensive
Maritime stakeholders warn that a new tariff hike approved by the Nigerian Shippers' Council will make doing business at Nigerian ports 55% costlier than other West African ports, contradicting government's cost-reduction goals.
Nigeria's Endless Wait for Quality Telecom Experience in 2025
Despite a 50% tariff hike in January 2025, Nigerian telecom subscribers face dropped calls & slow internet. Explore the causes & economic impact of the persistent poor Quality of Experience (QoE).
NIPRD Flags Nigeria's Reliance on One WHO Antimalarial
NIPRD warns Nigeria's reliance on a single WHO-prequalified antimalarial limits local manufacturing. The institute trains pharma firms to tap into the $161m global market, urging tax reliefs and incentives.
Lawmakers Must Revisit Beverage Excise Bill, Experts Warn
Analysis reveals the proposed Customs, Excise and Tariff Amendment Bill lacks Nigeria-specific evidence, risks 1.5 million jobs, and contradicts fiscal stability goals. Lawmakers urged to pause for broader consultation.
Nigeria's Major Progress in Eliminating Trachoma
The Federal Government and Sightsavers Nigeria reaffirm commitment to eliminate blinding disease Trachoma by 2030. Significant progress reported with 87% reduction in endemic areas.
China Announces Zero-Tariff Policy for Nigerian Goods
China pledges zero-tariff access for Nigerian exports, accelerating economic ties. This move aims to deepen bilateral cooperation and mark 55 years of diplomatic relations. Explore the details and implications for Nigeria's trade future.
China to Implement Zero-Tariff on Nigerian Exports Early
China's Ambassador to Nigeria announces readiness to expedite zero-tariff policy for Nigerian goods, boosting trade ahead of 55th diplomatic anniversary and 2026 cultural exchanges. A major win for Nigeria's exporters.
Costco Challenges US Tariffs in Court, Seeks Refund
US retail giant Costco sues the Trump administration, demanding a refund for tariffs paid on imports. The case challenges the legality of Trump's trade policy. Read the full story.
Reps query Azura Power over N18bn undisclosed payments
House of Representatives committee demands explanation from Azura-Edo IPP for failing to disclose over N18bn received from NBET in 2023. Full investigation into power sector spending continues.
Swiss MPs seek probe into Trump gifts before tariff deal
Swiss lawmakers call for investigation into gold bar and Rolex gifts to Donald Trump before tariff reduction. Could this be 'gold bar diplomacy'? Read the full story.
US Ends 15% Tariff on Ghana's Cocoa Exports
United States removes 15% tariff on Ghana's cocoa and agricultural exports, set to generate $60 million additional annual revenue for Ghana's economy. Read full details.
US Removes 15% Tariff on Ghana Cocoa Exports
United States removes 15% tariff on Ghana's cocoa and farm exports, set to generate $60 million additional revenue annually. Major diplomatic win for Ghana-US relations.
Manufacturers Spend N676.6bn on Power Generators
Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.
EU Seeks More US Tariff Exemptions in Key Talks
EU trade ministers will press for more US tariff exemptions on wines, spirits, and pasta during a crucial meeting with US Commerce Secretary Howard Lutnick. The talks aim to resolve ongoing trade tensions.
Tinubu suspends 15% tariff, breaks 26-year monopoly pattern
President Tinubu's suspension of 15% tariff on petrol and diesel marks historic shift from monopoly control. Nigerians celebrate people-centered leadership after 26 years of economic dominance.
Man Gets 16.9kwh for ₦2000 Under Band A Tariff
A Nigerian man's electricity receipt showing he received 16.90kwh for ₦2000 under Band A tariff goes viral, sparking reactions about possible price reductions or system glitches.
UK-Nigeria Trade Mission Opens in Abuja
A UK-Nigeria trade mission has launched in Abuja to empower women-led businesses and boost non-oil exports. Discover how this initiative creates new opportunities.
WHO Calls for Cervical Cancer Elimination Funding
WHO urges governments to boost funding and coordination to eliminate cervical cancer in Africa through vaccination, screening, and treatment programs. Join the fight today!
Dangote Refinery: We Caused Fuel Price Cut, Not Government
Dangote Petroleum Refinery clarifies it initiated recent pump price reductions, not government tariff reversals. Learn how their November 6 price cuts impacted market dynamics across Nigeria.
Nigeria Coach Claims DR Congo Used Voodoo in WC Defeat
Nigeria's coach Eric Chelle alleges DR Congo staff performed voodoo rituals during penalty shootout that eliminated Super Eagles from World Cup qualification. Watch video evidence.
MURIC faults fuel import tariff suspension, demands reversal
Muslim Rights Concern and other groups criticize FG's suspension of 15% fuel import tariff, calling it harmful to Nigeria's economic growth and local refining capacity. Demand immediate policy reversal.
Trump Lowers Tariffs on Beef, Coffee, Other Goods
President Trump signs order to lower US tariffs on beef, coffee, and other goods, aiming to address rising living costs. Learn about the new exemptions and their economic impact.
PAACA Hails 15% Fuel Tariff Suspension by Government
PAACA commends Nigerian government for suspending 15% fuel import tariff, calling it evidence-based advocacy success. Learn how civic engagement influenced policy reversal.
US-Switzerland Tariff Deal: Rates Slashed to 15%
The United States and Switzerland have finalized a trade pact, significantly reducing tariffs from 39% to 15%. Get the full details on this major economic development.
MTN Tariff Plans 2025: Best Options & Migration Codes
Discover the best MTN tariff plans for calls and data in Nigeria. Learn migration codes to switch plans easily and save money on your mobile expenses.
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