Buhari waives tax on imported meters, 6m power users on queue

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President Muhammadu Buhari has approved a one-year deferment of the 35 per cent import adjustment tax (levy) imposed on Fully Built Unit (FBU) electricity meter

A statement from the Ministry of Finance, Budget and National Planning, said the HS Code 9028.30.00.00 tariff is under the 2019 fiscal policy measures for the implementation of Economic Community of West African States , Common External Tariff 2017 – 2022 of the Nigerian Customs Service , approved in 2015.

 

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