i. Machinery and spare parts imported for the establishment of local sugar manufacturing industries shall attract zero percent import duty.
ii. Sugar cane to sugar value chain investors shall enjoy a 5 year tax holiday.
iii. Raw sugar (H.S Codes 1701.1100.00-1701.1200.00) shall attract an import duty rate of 10% plus a levy of 50% while refined sugar (H.S Codes 1701.9110.00- 1701.9990.00) shall attract an import duty rate of 20% plus a levy of 60%.
Husked Brown Rice (H.S Code 1006.2000.00) and semi-milled or wholly milled rice, whether or not is Polished or Glazed (H.S. Code 1006.3010.00) shall attract an import duty rate of 10% plus a levy of 100%.
All commercial aircraft and aircraft spare parts imported for use in Nigeria shall attract an import duty of zero percent and zero percent import VAT.
4. SOLID MINERALS
Machinery and Equipment imported for the development of the solid minerals sector shall attract an import duty of zero percent and zero percent import VAT.
5. PUBLIC MASS TRANSIT
Import duty rate on Completely knocked Down (CKD) components for Mass Transit Buses of at least 40-seater capacity have been reduced from 5% to 0% to encourage the production of mass transit vehicles in Nigeria.
6. POLYMERS OF POLYETHYLENE AND POLYPROPYLENE
Polymers of Polyethylene and Polypropylene (H.S Codes 39001.1000.00, 390.2000.00 and 3892.1000.00) shall attract an import duty rate of 5% and a levy of 5% to encourage import substitution.
7. AMORPHOUS PET CHIPS
Amorphous Polyethylene Terephthalate (PET) chips which is a raw material shall attract an import duty rate of zero percent and zero percent import VAT and should be re-classified by the Customs Service to differentiate it from PET Resin (H.S Code 3907.6000.00).