The Federal Government has announced that Nigeria has eliminated tariffs on 6,243 products imported from the United Arab Emirates, and the UAE has removed tariffs on 7,315 products imported from Nigeria, as part of a new trade pact aimed at expanding market access for Nigerian goods, businesses, and professionals. For trade in goods, the ministry said Nigeria has committed to eliminating tariffs on 6,243 products imported from the UAE. The UAE also committed to eliminating tariffs on 7,315 products imported from Nigeria. Under the agreement, Nigeria will immediately remove tariffs on 3,949 products, representing 63.3 per cent of the total, while phasing out tariffs on 2,294 products over five years. On its part, the UAE will immediately eliminate tariffs on 2,805 products, representing 38.3 per cent of the total, remove tariffs on 1,468 products within three years, and on 3,042 products within five years.

Source: Punch January 14, 2026 03:40 UTC