Freight forwarding practitioners in Nigeria’s maritime sector are voicing concerns over the tax reforms that took effect on January 1, 2026. The Federal Government’s comprehensive overhaul of the country’s tax system is intended to simplify taxation, promote growth, expand compliance, and modernize fiscal policy. By enhancing revenue‑collection efficiency, the reforms aim to improve Nigeria’s economic competitiveness.
Industry insiders report that some shipping lines have already begun discussing potential fare increases in response to the new taxes. Ugochukwu Nnadi, Head of Department for Shipping, Air and Terminal Logistics at the National Association of Government‑Approved Freight Forwarders, said two shipping companies have held meetings to prepare for possible freight‑charge hikes. “They are making preparations to avoid being caught off guard,” Nnadi explained.
The tax policy is expected to affect freight forwarders’ operations because most expenses incurred in clearing goods—such as shipping, terminal, and other charges—are documented with receipts. Abayomi Duyile, Apapa Chapter Chairman of the National Council of Managing Directors of Licensed Customs Agents, warned that taxing these expenses will inevitably impact operations. He also opposed the planned freight increase by some shipping companies, urging them to wait until the fourth week of January to discuss the matter with industry members.
Although the reforms have sparked political controversy, they are designed to ease the burden on low‑income earners and stimulate economic growth. The Federal Government, under President Bola Tinubu, has reaffirmed its commitment to implementing the reforms despite concerns about legislative documentation. As the maritime industry adapts to the new tax system, stakeholders will closely monitor developments and the potential impact on their operations. The implementation of these reforms marks a significant step toward modernizing Nigeria’s tax framework, and their effects will be watched closely in the coming weeks and months.
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