CUSTOMS DUTIES (DUMPED AND SUBSIDISED GOODS) ACT
Act · Trade
An Act empowers Nigeria to impose anti-dumping and countervailing duties on imported goods sold below fair market value or subsidised by foreign governments. It targets domestic industries affected by these imports and the Customs Service responsible for collecting duties. This protects local businesses from unfair competition.
CUSTOMS DUTIES (DUMPED AND SUBSIDISED GOODS) ACT
What Is This Policy?
An Act empowering Nigeria to impose anti-dumping and countervailing duties on imported goods that are dumped below fair market value or subsidised by foreign governments, protecting domestic industries.
Who Does It Target?
Nigerian domestic industries harmed by dumped or subsidised imports Nigeria Customs Service collecting anti-dumping duties Federal Ministry of Finance imposing duties Importers of goods subject to anti-dumping investigations
What Does It Aim to Achieve?
Protect Nigerian industries from unfair foreign competition by providing a legal mechanism to impose compensatory duties on imports sold at below fair value or benefiting from foreign subsidies.
Key Features
Anti-Dumping Duties: Empowers Nigeria to impose duties equal to the dumping margin on goods found to be imported at below fair value. Countervailing Duties: Permits imposition of duties to offset subsidies granted by exporting country governments. Investigation Process: Prescribes the process for investigating dumping and subsidy complaints filed by domestic industries. WTO Compliance: Implements Nigeria's rights under WTO Anti-Dumping and SCM Agreements.
Current Status
Rollout Stage: Active Coverage: All imported goods subject to anti-dumping investigation Beneficiaries: Domestic industries; Nigerian manufacturing sector Funding: Anti-dumping duty revenue
How to Access
Domestic industries must file a petition with the Ministry of Finance with supporting evidence Importers subject to investigation must cooperate by providing cost and price data Anti-dumping duties apply automatically upon ministerial order Application method: File anti-dumping petition with the Federal Ministry of Finance.
Important Terms
Anti-dumping investigations must comply with WTO procedural requirements Duties are temporary and must be reviewed periodically Importers may challenge findings before appropriate judicial bodies
Official Resources
Website: https://www.finance.gov.ng Contact: Federal Ministry of Finance / Nigeria Customs Service
Legal Framework
Enacted under the legislative powers of the National Assembly vested by Section 4 of the 1999 Constitution (as amended). Implements Nigeria's rights under WTO Agreement on Implementation of Article VI of GATT 1994 (Anti-Dumping), the WTO Agreement on Subsidies and Countervailing Measures, and GATT Article VI. Operates alongside the Customs and Excise Management Act and the Federal Competition and Consumer Protection Act 2019.