In 2026, government policy isn’t just paperwork; it’s a direct hit to your bottom line. From the ‘Made-in-Nigeria’ National Campaign to FX matching, here is how the 2026 landscape affects you.
1. The ‘Nigeria First’ Policy
The government is progressively increasing duties on finished goods that can be produced locally. If you import items like furniture or specific textiles, expect duties to remain high (35%+) to encourage local sourcing. Check the 2026 Restricted List for updates.
2. FX Market Liberalization
The shift to the EFEMS (Electronic Foreign Exchange Matching System) means that the ‘official’ rate is now much closer to the market reality. While this makes FX more available, it also makes it more expensive, increasing your total landing costs.
3. NSW Transparency
The National Single Window reduces ‘human contact,’ which means fewer opportunities for ‘negotiations’ at the port. You must rely on the law, not ‘connections.’ [Infographic: Policy vs. Importer Profit Margins]
Conclusion
Adapting to policy is the only way to survive. For a survival strategy, see our 2026 Survival Guide.