Aircraft spare parts importation now attract zero percent duty fg

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According to the Nigerian Customs Service, effective from January 1, 2020, the Federal Government of Nigeria has waived the import duty on aircraft spare parts. This means that importers of aircraft spare parts no longer pay any duty on such imports.

The waiver was announced as part of the government's efforts to boost the aviation industry and promote economic growth. The move is expected to reduce the cost of maintenance and repair of aircraft, making it more attractive for airlines to operate in Nigeria.

Here's the official statement from the Nigerian Customs Service:

"NOTICE TO IMPORTERS OF AIRCRAFT SPARE PARTS

The Federal Government of Nigeria has waived the import duty on Aircraft Spare Parts with effect from 1st January, 2020. This waiver is in line with the Federal Government's efforts to promote the aviation industry and boost economic growth.

Consequently, all importers of Aircraft Spare Parts are hereby notified that they will no longer pay any duty on such imports.

Please note that all other charges and fees applicable to the importation of goods remain unchanged.

For further information, please contact the Nigerian Customs Service."

Source: Nigerian Customs Service, January 2020