The decision, aimed at streamlining trade processes and boosting e-commerce, was announced on Sunday, September 7, following the board’s 63rd regular meeting on September 2, chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun.

Under the new regulation, imports valued at $300 or less – including e-commerce parcels and items in passenger baggage – will be cleared without duty payments, provided they are not prohibited or restricted goods. 

This threshold applies to a maximum of four importations per person or entity per year, in line with Sections 5(c and d), 158(5 and 6) of the Nigeria Customs Service Act, 2023, as well as international standards from the World Trade Organisation (WTO) Trade Facilitation Agreement and the World Customs Organisation (WCO) Revised Kyoto Convention.

The approval comes after a comprehensive review of global practices, positioning Nigeria to simplify clearance for small-scale shipments while enhancing compliance. 

“This initiative aligns with best international standards to facilitate trade, reduce delays, and support the growth of cross-border e-commerce,” the NCS stated in a release signed by National Public Relations Officer, Assistant Comptroller of Customs (ACC) Abdullahi Maiwada.

To ensure smooth implementation, the NCS will introduce multi-channel helpdesks for stakeholders, offering guidance on compliance, resolving queries, and handling complaints. 

Eligible low-value goods will receive immediate release without post-clearance audits, but strict penalties – including forfeiture, arrest, and fines under the NCS Act, 2023 – await those attempting invoice manipulation or duty evasion.

E-commerce operators and travelers have welcomed the move, viewing it as a relief amid rising import costs. 

Jumoke Adebayo, CEO of a Lagos-based online retail firm, said, “This will make importing small gadgets and apparel much easier and cheaper for us. We’ve been pushing for this to compete better regionally.” 

Similarly, frequent traveler Ibrahim Yusuf noted, “Bringing back gifts or personal items under $300 without hassle is a big win for families and small businesses.”

The policy is expected to minimize clearance bottlenecks at ports and airports, potentially increasing Nigeria’s appeal as a trade hub in West Africa. 

In related board actions, two officers were demoted to the next lower rank, while two others were reinstated following favorable reviews. 

The de minimis threshold marks a progressive step in Nigeria’s trade facilitation efforts, building on recent reforms like the 4% Free-On-Board charge enforcement earlier this year.