Government's COVID-19 response measures

To keep you informed of recent developments in our federal and state governments’ economic response to COVID-19, we will be providing you updates of key announcements, polices or regulations that may impact you or your business. These measures have been grouped into categories as below. Click each button to view. 


Click on a category to view

MARCH 2020

SEC: 24 March | Circular To Capital Market Stakeholders On Covid-19. Covers guidelines around filling of applications, filling of returns and holding of meetings.

NJC: 24 March | The National Judicial Council (NJC), through its Chairman, Justice Mohammed Tanko (Chief Justice of Nigeria), directs the heads of courts across the country to suspend all court sittings for an initial period of two (2) weeks, from 24 March 2020. However, matters that are urgent, essential or time bound under Nigerian law are exempted.

Lagos State: 27 March | Lagos State governement issued the Infectious Diseases (Emergency Prevention) Regulations 2020. Effective from 27 March 2020

Ekiti State: 29 March | The Ekiti State Corona Diseases (Prevention of Infection) Regulations, 2020 which sets out regulations for the purpose of preventing the spread of Coronavirus disease in Ekiti State

FG: 30 March | The Federal Government of Nigeria COVID-19 Regulations, 2020  to provide guidelines that put in place measures to curtain the effect of the COVID-19 pandemic on economic activities and livelihood in Nigeria.

FG: 30 March | FGN to enforce social distancing and limit the spread of the COVID-19, ordered the closure of schools, organizations and businesses in FCT, Lagos and Ogun States effective from 30 March 2020 for an initial period of 2 weeks.

SEC: 31 March | Circular providing additional guidelines to regulated entities directing all public companies to continue to make material disclosures to investors on the impact of COVID-19 Pandemic on their business operations.

APRIL 2020

NSE: 15 April | Guildeline to companies on holding virtual meetings in the wake of the COVID-19 pandemic.

NSE: 17 April | NSE in response to the COVID-19 pandemic issues an extension of time for filing of audited financial statements for listed entities with year end of March 31 and December 31 2019, quarterly financial statements for 2019 year end and waiver of the provisions of rule 20.8. 

NESREA: 16 April | NESREA provided guidelines for Handling Chemicals Used for Disinfecting Surfaces Against Coronavirus (COVID-19). 

NESREA: 16 April | NESREA has issued guidelines for handling infectious and medical waste generated from the treatment of COVID-19.

FG: 20 April | The Minister of Justice lists out measures for post COVID-19 Justice system. This includes the use of technological tools to conduct proceedings including virtual proceedings. 

NCDC: 27 April | Guidelines for Employers and Businesses in Nigeria To Tackle COVID-19. in order to help them interact safely and reduce the spread of the virus. Effective 4th of May 2020.

NCAA: 27 April | The Civil Aviation Authority has started the process of getting the industry ready for an organized, safe, secure and efficient restart of flight operations when the nation’s airspace is reopened for business.

FCCPC: 28 April | FCCPC releases Guidance on Merger Notifications Process and Interpretation of the Law on other Competition Issues under the Federal Competition and Consumer Protection Act (FCCPA).

CAC: 30 April | Corporate Affairs Commission guiidelines for holidng AGMs by proxy allowing companies to take advantage of S.230 CAMA on the use of proxies. 

MAY 2020

NJC: 4 May | National Judicial Council (NJC) in this circular outlined practical measures to ensure courts continue to function despite the lockdown due to COVID-19.

NIWA: 4 May | National Inland Waterways Authority (NIWA) Lagos Area Office issued guidelines to ensure safety and control of inland waterways transportation and jetty operations during the COVID-19 Pandemic. 

NJC: 7 May | The National Judicial Council has set out guidelines for court sittings, filing of court proccesses and related matters in the COVID-19 period.

NJC: 15 May | Circular  by the NJC stressing the need to take urgent measures towards the speedy trial of cases and decongestion of custodial centres in the country in view of COVID-19 Pandemic.

NSE: 15 May | NSE issues an extension of time for submission of the 2020 Self-Assessment Form, Quarterly Returns, Internal Review Report and Branch Report for the period ended 31 March 2020 as part of the palliatives to cushion the negative impact of the COVID-19 pandemic on Dealing Members.

NICN: 17 May | The National Industrial Court of Nigeria issues practice directions and guidelines for remote and physical sittings in response to COVID-19 pandemic.

June 2020

NAICOM: 3 June | NAICOM has extends the deadline for insurance companies to carry out their recapitalisation from 31 December 2020 to 30 September 2021. Minimum Paid-up Capital- Phase 1: 31 December 2020 and Phase 2: 30 September 2021.

FG: 24 June | The Nigeria Economic Sustainability Plan seeks to secure legislative approval in respect of the passage of Fiscal Stimulus Act and Other provisions to backstop the Economic Sustainability Plan.

August 2020

CAC: 6 August | The Corporate Affairs Commission introduces measures to stop physical visit to their offices to carry out incorporation activities. This is inline with the Covid-19 directive issued by the Government. All incorporation and post incorporation process will henceforth be done online.

CAC: 6 August | The CAC list proceedures for the new service delivery introduced by the Commission in order to maintain social distancing and reduce the spread of Covid-19

NCC: 21 August | The Executive Vice Chairman and Chief executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC)lists critical regulatory actions taken by the Commission to mitigate the impact of the COVID-19 pandemic on quality of service (QoS) delivery by the networks to telecom consumers.

October 2020

NCC: 19 October | The Nigerian Communications Commission (NCC) constitutes a committee to review the framework for the licensing of Infrastructure Companies (InfraCo) and recommend sustainable funding options for effective implementation of the proposed national fibre project to cater for the delays in take-off, change in exchange rate, supply chain and other challenges imposed by the COVID-19 pandemic.

MARCH 2020

FIRS: 25 March | FIRS requests taxpayers to use its e-platforms to file tax returns, pay taxes and apply for tax clearance certificates. Further granted extension of the timeline for filing Value Added Tax and withholding tax

FIRS: 31 March | Palliative measures for tax payers. Press release from the FIRS listing palliative measures to cushion the effect of COVID-19 on tax payers. 

Lagos IRS: 31 March |  Extension of deadlines for filing of returns. The LIRS issued a notice that filing of annual returns for individual tax payers and self-employed persons has been postponed from 31st March-31st May 2020.

APRIL 2020

FCT IRS: 2 April | Filing of returns: Extension of deadline for annual tax returns. Three months extension for the filing of individual income tax returns for taxpayers resident in Abuja.

Kwara State IRS: 3 April | The Kwara State Internal Revenue Service extends deadline for filing annual tax returns till the 31st of May, 2020. 

FG: 6 April | Nigeria’s Minister of Finance, Budget and National Planning announces fiscal stimulus and other interventions in response to COVID-19 pandemic and the oil price fiscal shock.

FIRS: 30 April | FIRS announces waiver on interests and penalties on outsatnding tax debts if it is paid in full on or before 31st of May 2020.

MAY 2020

FIRS: 15 May | The FIRS extends the filing deadline for AEOI-CRS reporting to 30 September 2020 in response to the effect of COVID-19 on Financial institutions' ability to comply.

Lagos LIRS: 15 May | The LIRS has made a further extension of the deadline for filing of annual tax returns including self employed persons to 30 June 2020 as part of the state government's effort to mitigate the impact of the COVID-19 pandemic.

FG: 17 May | Nigeria’s Federal Executive Council (FEC) has approved the amendment of the 2020 Budget cutting it from N10.59 trillion to N10.523 trillion to address constraints caused by COVID-19.

JUNE 2020

FIRS: 2 June | The FIRS extends the deadline on waiver of penalty and interests for outstanding tax liabilities from 31 May 2020 to 30 June 2020.

AFDB: 5 June | African Development Bank(AfDB) approves a $288.5 million loan to help Nigeria tackle the COVID-19 pandemic and mitigate its impact on people and businesses.

FIRS: 9 June | The FIRS extended the deadline on waiver of penalty and interests for outstanding tax liabilities from 30 June 2020 to 31 August 2020.

Ondo IRS: 15 June | ODIRS Introduces tax relieves and incentives for taxpayers and businesses to cushion the impact of COVID-19 crisis.

Enugu IRS: 23 June | Enugu State Internal Revenue Service introduced tax incentives for traders and other taxpayers in the state to cushion the effects of COVID-19 pandemic.

FG: 24 June | The Nigeria Economic Sustainability Plan seeks to identify fiscal measuresto enhance oil and non-oil government revenues and reduce non-essential spending and articulate specific measures to support the 36 States and the FCT. 

Niger IRS: 24 June | The Niger State Government approved Tax Reliefs as part of it's measures to cushion the economic impact of the Covid-19 pendamic including extension of filling date of annaul tax returns by all business and individual, and PAYE.

Plateau State IRS: 25 June | To ameliorate the impact of COVID-19, the Plateau Internal Revenue Service grants tax reliefs to Taxpayers.

Kogi State IRS: 25 June | The Kogi State Internal Revenue Service issues tax incentives and reliefs for businesses and individuals in the State in response to the effect of COVID-19 pandemic including Extension of the deadline for filing of annual returns to 31 August 2020.

Borno State IRS: 26 June | The Borno State Government approves fiscal and economic palliative measures to mitigate the adverse effects of COVID – 19, for small and medium enterprises and individual Taxpayers. 

Kwara State IRS: 26 June | Extension of the deadline for filing of annual returns to 30 September and waivers of penalties , and interest on late filing and moratorium to ceratain tax payers. 

Benue IRS: 30 June | Benue Internal Revenue Service (BIRS) announces digitisation of its processes, Extends Date On Returns and other New Measures.

July 2020

Bauchi State IRS: 2 July | The Bauchi State Internal Revenue Service grants tax reliefs and incentives to taxpayers and businesses to cushion the effect of Covid-19 Pandemic.

Abia State IRS: 8 July | The Abia State Internal Revenue Service grants tax reliefs and incentives to taxpayers and businesses which cuts accross several tax types such as PAYE, Capital Gains Tax, Property Tax, etc.

Akwa Ibom IRS: 10 July | The Akwa Ibom State Government announce tax reliefs for taxpayers in the face of COVID-19 pandemic.

Ebonyi IRS: 13 July | The Executive Governor of Ebonyi State approves Tax Reliefs to help the Hawkers and Petty Traders in Ebonyi State. 

Yobe State IRS: 13 July | In order to reduce the impact of COVID-19 on the local economy, the Yobe State Board of Internal Revenue implements a 10 per cent relief on all tax assessments for 2019 and 2020 for residents and corporate organisations in the state.

See implemention guide for individual tax payers & enterprises

Kaduna State: 24 July | Kaduna State has issued palliative measures to cushion the effects of Covid-19 on taxpayers.

Osun IRS: 24 July | Osun Internal Revenue Service grants tax reliefs to Taxpayers

Benue IRS: 24 July | The Benue Internal Revenue Service (BIRS) introduces new measures for tax remittances and other processes in taxation in the face of Covid-19.

Oyo State: 27 July | Oyo State Government issues tax relief packages to private individuals and corporate businesses in the State, including extension of the deadline for filing of annual returns of employees by the employers. 

Rivers State IRS: 27 July | The Governor grants tax relief and incentives to taxpayers to mitigate the impact of COVID-19 including extension of the deadline for filing of annual returns of employees by the employers and waivers of penelties and interest on late filing.

Adamawa State IRS: July | The Adamawa State Government offers specific Tax reliefs and deferral measures to support taxpayers to cushion the effect of Covid-19 Pandemic including 50% reduction in Personal income Tax (PIT) for informal sector tax payers.

Kwara State IRS: 29 July | Extension of the deadline for filing of annual returns to 30 September by the employers and waivers of penalties , and interest on late filing and moratorium to ceratain tax payers

FIRS: 30 July | The FIRS has extends deadline for filing of Companies Income Tax returns from 31st July to 1st August 2020. 

August 2020

Ekiti State IRS: 7 August | The Ekiti State Internal Revenue Services introduces tax relief and incentives for taxpayers and businesses as part of its ongoing efforts to cushion the negative effects of the COVID-19 pandemic. 

Ogun IRS: 8 August | The Ogun State Government issues tax reliefs for tax payers in Ogun State in response to the effects of COVID-19 pandemic on businesses and individuals.

Nasarawa State IRS: 14 August | The Nasarawa State Internal Revenue Service (NSIRS) announces a review of the palliative measures for its esteemed taxpayers with a view to mitigate the effect of the pandemic on individual and business income alike.

November 2020

FIRS: 4 November | The FIRS extends some pallaitives provided during the COVID-19 to show assistance and support towards businesses that were negatively impacted by the ENDsars protest. This inculdes extension of period to settle penalty and interest, extension of monthly VAT and WHT returns filing to end of month, and the option of paying off tax liabilities in naira at the prevailing Investors & Exporters (I & E) FOREX window rate.

MARCH 2020

CBN: 16 March | Policy measures in response to COVID-19 Outbreak and Spillovers by the CBN to help businesses and households. This includes a Targeted Credit Facility, Extension of moratorium, Interest Rate Reduction, Credit Support for Health Sector, and other measures. 

NSE: 23 March | The NSE activated a thirty (30)-day remote working plan for its employees (excluding essential staff)including remote trading via the NSE electronic platforms The NSE also temporarily suspended all physical meetings within its premises, encouraging virtual meetings in its place.

SEC: 24 March | Circular To Capital Market Stakeholders On COVID-19. Covers guidelines around filling of applications, filling of returns and holding of meetings.

NASS: 24 March | The House of Representatives passes for third reading the Emergency Economic Stimulus Bill, 2020, the draft law aims at providing temporary relief to companies and individuals to alleviate the adverse financial consequences of a slowdown in economic activities caused by the Covid-19 disease.

FIRS: 25 March | FIRS requests taxpayers to use its e-platforms to file tax returns, pay taxes and apply for tax clearance certificates. Further granted extension of the timeline for filing Value Added Tax and withholding tax.

NPA: 28 March | In response to the COVID-19 pandemic, The Nigerian Ports Authority has directed all Terminal operators to suspend all applicable terminal storage fees on consignments (demurrage) for an initial period of twenty-one days effective March 23, 2020. 

NPA: 31 March | A statement by the Nigerian Ports Authority that the ports in the Lagos area remain open and operational in the duration of the two week lockdown of the state.

APRIL 2020

NITDA: 6 April | NITDA sets up 10-Member Advisory Committee to advise Government on measures to be taken to cushion the impact of the COVID-19 pandemic on start-ups, small and medium businesses as well as the Technology Ecosystem in general.

NPA: 8 April | The Nigerian Port Authority directive to suspend all applicable terminal storage fees on consignments for another 14days with effect from April 13th 2020.

CBN: 13 April | Statement from the CBN reassuring loan seekers and SMEs that they are not required to pay any amount as application processing fee to appy for loans to cushion the effects of COVID-19.

NIMASA: 16 April | NIMASA extends the validity of Statutory and Trading certificates for all Nigerian Registered vessels. These include Standards of Training, Certification and Watchkeeping (STCW) certificates for seafarers issued by the Agency.

CBN: 29 April | Statement from the CBN announcing resumption of sale of FX to commercial banks for further sales to customers wishing to pay school fees and SMEs wishing to make essential imports needed to revive economic activities.

CBN: 29 April | CBN Circular that reviews minimun Capital requrirement for Microfinance Banks and extension of the deadline for compliance by one year.

MAY 2020

CAC: 4 May | The CAC public notice on opening of offices with effect from Wednesday 6th of May, 2020 following the partial easing of lockdown in Lagos, Ogun and Abuja.

NIWA: 4 May | Nigeria Inland Water Ways Lagos Area Office issues new guidelines for a better-controlled inland waterways transportation and jetty operations.

FG: 6 May | FMIC has announced the granting of a two-month licence-fee waiver for terrestrial broadcast stations in the country by the National Broadcasting Commission.

NAFDAC: 8 May | NAFDAC embraces the use online platforms and digital tools to engage with the public to limit the risks associated with the spread of COVID-19 disease. 

SEC: 11 May | SEC issue guidelines on gradual revival of its operations following gradual easing of the lockdown.

Lagos State: 17 May | The Lagos State Government launches a register-to-reopen initiative to assess the readiness of businesses in certain sectors to re-open as it eases lock-down due to COVID-19.

JUNE 2020

FG: 2 June | Presidential Task Force on COVID-19 issues guideline for progressive easing of the lock down across the country for a 4- week period effective 2 June 2020

Ondo state: 15 June | ODIRS Introduces tax relieves and incentives for taxpayers and businesses to cushion the impact of COVID-19 crisis

NCAA: 19 June | The NCAA issues revised quarantine protocols for persons arriving in Nigeria from any country inlcuding returnees and stranded persons.

Enugu state: 23 June | Enugu State Internal Revenue Service waived penalties and interest, offered discounts on assessments and extension of annual returns for tax payers

FG: 24 June | The Nigeria Economic Sustainability Plan seeks to ensure Informal Sector Support and Expansions of the National Social Investment Programmes.

Kogi State IRS: 25 June | Waiver of penalty and interest, and discounts on Capital Gain Tax (CGT) and all Personal Income Tax Assessment issued to owners of schools and Hotel in year 2020

Kwara IRS: 26 June | Discounts/waivers of penalty, interest and suspension of ground taxes and encouragement of taxpayers to make payments via digital platforms.

Benue IRS: 30 June | Benue Internal Revenue Service (BIRS) announces digitisation of its processes, Extends Date On Returns and other New Measures including waiver of 50 per cent on land rated fees and charges, and Digitalised tax processes: Electronic Taxpayer Registration, Electronic Tax Clearance Certificate (TCC), Electronic Filing of Returns and Electronic Payment of taxes.

July 2020

FAAN: 3 July | The Federal Airports Authority of Nigeria(FAAN) released new procedural guidelines for air travelers and other airport users as part of plans to recommence air travel aimed to prevent further spread of the COVID-19 virus.

FG: 6 July | The Federal Government through the Ministry of Information & Culture has introduced 60 percent debt forgiveness for all debtor broadcast stations in the country to cushion the effect of COVID-19 pandemic.

Abia State IRS: 8 July | Waivers and discounts on Capital Gains Tax and Property Tax. 

Akwa Ibom IRS: 10 July | The Akwa Ibom State Government announce tax reliefs for taxpayers in the face of COVID-19 pandemic including waiver of penalty, interest and suspension of certain levies.

Kwara State IRS: 29 July | Discounts/waivers of penalty, interest and suspension of ground taxes and encouragement of taxpayers to make payments via digital platforms.

FIRS: 30 July | The FIRS has extends deadline for filing of Companies Income Taxreturns from 31st July to 1st August 2020. 

August 2020

Ekiti State IRS: 7 August | Ekiti State Internal Revenue Service has granted full amnesty on Land use charge between 2013-2019, waiver on penalty and interest on 2020 Land use charge and tax rebates.

Nasarawa State IRS: 14 August | Penalty and interest waived for taxpayers with outstanding liability who pay in full on or before 30th November 2020 and option of instalmental payment to settle outstanding debts.

September 2020

NCDC: 7 September | The NCDC publish guideline for employers and businesses in Nigeria.  

MARCH 2020

NCDC: 15 March | The Nigeria Centre for Disease Control (NCDC) offers guidance for organizers planning mass gatherings in view of the COVID-19 outbreak.

NASS: 24 March | The House of Representatives passes for third reading the Emergency Economic Stimulus Bill, 2020, the draft law aims at providing temporary relief to companies and individuals to alleviate the adverse financial consequences of a slowdown in economic activities caused by the Covid-19 disease. The bill seeks to eliminate additional fiscal bottleneck on the importation of medical equipment, medicines, personal protection equipment and other such medical necessities as may be required for the treatment and management of Covid-19 disease in Nigeria.

Lagos State: 27 March | Lagos State governement issued the Infectious Diseases (Emergency Prevention) Regulations 2020. Effective from 27 March 2020

CBN: 25 March | Credit support for healthcare sector. Guidelines for the operation of the N100 Billion credit support for the healthcare sector 

Ekiti State: 29 March | The Ekiti State Corona Diseases (Prevention of Infection) Regulations, 2020 which sets out regulations for the purpose of preventing the spread of Coronavirus disease in Ekiti State.

NAFDAC: 30 March | Order for the Manufacturing of Chloroquine for Emergency Stock for Possible Clinical Trial Treatment of Coronavirus

APRIL 2020

NCC: 2 April | The NCC has provided an Emergency Number (112) across the Federation for citizens to report coronavirus cases and other related issues.

NCC: 5 April | NCC clears doubts over 5G, COVID-19 and Security indicating that is no correlation between 5G technology and the Coronavirus Pandemic.

NAFDAC: 9 April | NAFDAC Grants Conditional Emergency Use Approval of Medical Devices (COVID-19 Antibody and Antigen Test Kits, PPEs, etc.) Companies

NESREA: 16 April | NESREA provided guidelines for Handling Chemicals Used for Disinfecting Surfaces Against Coronavirus (COVID-19). 

NESREA: 16 April | NESREA has issued guidelines for handling infectious and medical waste generated from the treatment of COVID-19.

Lagos State: 21 April | Lagos Launches ‘Eko Telemed’ For Remote, Non-COVID-19 Consultation through a toll free voice and video call in the four major languages.

NCDC: 27 April | Guidelines for Employers and Businesses in Nigeria To Tackle COVID-19. in order to help them interact safely and reduce the spread of the virus. Effective 4th of May 2020.

NAFDAC: 27 April | NAFDAC seeks to enlighten the general public on the use of Personal Protection Equipment (PPEs) – Masks And Protective Clothing

FG: 30 April | Guidelines from the Presidential Task Force on COVID-19 for the containment of COVID-19.

MAY 2020

NCAA: 1 May | The NCAA issued an advisory circular which provides information and guidance on health, safety and environmental measures required of all Air Operators Certificate (AOC) holders to restart flight operations post COVID-19 lockdown

NCAA: 1 May | Guideance on facilitating flights operations and protecting ground handling crew, flight crew and passengers during the COVID-19 pandemic.

NCAA: 5 May | Advisory circular to provide information and guidance on health, safety and environmental measures required of Air Navigation Services Providers(ANSP) to curtail the COVID-19 pandemic.

FG: 7 May | The Federal Government of Nigeria, approved a waiver on all imported medical equipment and supplies from May 1 2020 till further notice. The Government has also directed the Nigeria Customs Services (NCS) to expedite clearing of all imported health and medical equipment/supplies.

NCDC: 14 May | The Nigeria Centre for Disease Control (NCDC) provides guidelines for self-isolation to control the spread of COVID-19.

NCAA: 18 May | The NCAA released a ciricular for Post-COVID 19 guidance for aerodrome operators resumption of operations.

Lagos State: 18 May | The Lagos state governement has began a ‘register to open’ initiative, as part of the plans that will enable it assess the level of readiness of the players in the identified sectors for supervised operations. Those required to register include hospitality centers, places of worship, night clubs, events centers, Gyms/spas, and social clubs. 

June 2020

CBN: 7 June | CBN as part of its policy response to the COVID-19 pandemic, offers grants to fund health related research to improve public healthcare system in Nigeria.

NCAA: 19 June | The NCAA issues revised quarantine protocols for persons arriving in Nigeria from any country inlcuding returnees and stranded persons.

FG: 24 June | The Nigeria Economic Sustainability Plan seeks to make investment in Healthcare Infrastructure

July 2020

Kwara IRS: 29 July Deployment of Personal Protective Equipment (PPE) and hand sanitizers to our Offices as well as distribution of face mask to taxpayers and staff

August 2020

NCDC: 6 August | The NCDC provides update to guidelines to assist businesses and employers to effectively put in place measures, to safely restart their businesses as the country continues to respond to the COVID-19 outbreak.

FG: 21 August | The Presidential Tax Force on COVID-19 announces the quarantine protocol for anyone coming into Nigeria from any other country. 

September 2020

NCDC: 6 September | As Nigeria responds to an outbreak of COVI9-19, the Nigeria Centre for Disease Control offers guidance for self-isolation for travelers.

NCDC: 18 September | NCDC releases public health measures applicable to all passengers entering or leaving Nigeria during the COVID-19 pandemic.

NCDC: 27 September | NCDC release updated FAQs to ensure safe and seamless travel in and out of Nigeria

CBN: 20 September | CBN releases update to the Health Sector Research and Development Intervention Scheme to help strengthen the public healthcare system with innovative financing of research and development (R&D) in new and improved drugs, vaccines and diagnostics of infectious diseases in Nigeria.

October 2020

NCDC: 19 October | The Presidential Task Force on COVID-19 (PTF-COVID-19) provides further guidelines for eased lockdown for both local and international travels; workplace safety protocols for both public and private establishments  

MARCH 2020

FG: 21 March | The FGN places entry restriction for travellers from countries with over 1,000 Covid-19 cases.

NIS: 24 March | Temporary Suspension of Passport Processing and Migrant e-Registration Services between 23 March and 23 April.

June 2020

NCAA: 14 June | The NCAA as part of its COVID-19 response issues protocol for the evacuation of Nigerians stranded abroad and returnees/persons arriving Nigeria from any country.

July 2020

FAAN: 3 July 2020 | The Federal Airports Authority of Nigeria(FAAN) released new procedural guidelines for air travelers and other airport users as part of plans to recommence air travel aimed to prevent further spread of the COVID-19 virus.

August 2020

FG: 21 August | The Presidential Tax Force on COVID-19 announces the quarantine protocol for anyone coming into Nigeria from any other country. 

FG: 27 August | The Federal Ministry of Avaition, Nigeria announces resumption of international flights effective 5 September 2020

September 2020

NCDC: 6 September | As Nigeria responds to an outbreak of COVI9-19, the Nigeria Centre for Disease Control offers guidance for self-isolation for travelers.

NCDC: 7 September | The Presidential Task Force on COVID-19 releases a provisional quarantine protocol for all return travelers to Nigeria. 

NCDC: 27 September | NCDC release updated FAQs to ensure safe and seamless travel in and out of Nigeria

October 2020

NCDC: 19 October | The Presidential Task Force on COVID-19 (PTF-COVID-19) provides further guidelines for eased lockdown for both local and international travels; workplace safety protocols for both public and private establishments. 

APRIL 2020

DMO: 28 April | Conversion of ₦850 Billion New External Borrowing in the 2020 Appropriation Act to Domestic Borrowing. 

CBN: 29 April | Resumption of cheque clearing in the Nigeria clearing system. In line with measures to ensure safe and efficient payment systems in Nigeria, the CBN lifts the suspension of cheque clearing in Nigeria effective April 28, 2020.

MAY 2020

CBN: 27 May | The CBN approved regulatory forbearance for the restructuring of credit facilities in the other financial institutions sub-sector. Its intervention facilities availed through participating OFIs are granted 1 year moratorium with reduced interest rates.

June 2020

FG: 24 June | The Nigeria Economic sustainability plan makes provisions for the creation of a financial stimulus package for the Nigerian economy. 

October 2020

CBN: 16 October | Due to the changes in the trends of business activities as a result of the COVID-19 pandemic which has led to increase in financial crimes globally, the CBN provides advisory on how to tackle these financial related crimes.

March 2020

CBN: 23 March | Guidelines for the implementation of the N50 billion targeted credit facility for households and small and medium sized enterprises (SMESs) that have been hit by the COVID-19. 

APRIL 2020

CBN: 13 April | Statement from the CBN reassuring loan seekers and SMEs that they are not required to pay any amount as application processing fee to appy for loans to cushion the effects of COVID-19.

CBN: 29 April | Statement from the CBN announcing resumption of sale of FX to commercial banks for further sales to customers wishing to pay school fees and SMEs wishing to make essential imports needed to revive economic activities.

MAY 2020

NAFDAC: 15 May | The Agency has launched a number of palliatives targeted at MSMEs in compliance with the Federal government's agenda of Ease of doing business in response to challenges of COVID-19.

June 2020

Ondo State: 15 June | ODIRS Introduces tax relieves and incentives for taxpayers and businesses to cushion the impact of COVID-19 crisis.

Enugu State: 23 June | Enugu State Internal Revenue Service waived the payment of some taxes for traders. 

FG: 24 June | Nigeria Economic Sustainability plan has provisions to support MSMEs and the creation of job. 

Plateau State IRS: 25 June | To ameliorate the impact of COVID-19, the Plateau Internal Revenue Service grants tax reliefs to Taxpayers.

Borno State IRS: 26 June | The Borno State Government approves fiscal and economic palliative measures to mitigate the adverse effects of COVID – 19, for small and medium enterprises and individual Taxpayers. 

Benue IRS: 30 June | Benue Internal Revenue Service (BIRS) announces digitisation of its processes, Extends Date On Returns and other New Measures including extension of time for filing of Annual Returns for individuals in business.

NCC: 30 June | The Commission invites entries from Tech Hubs, Startups and Innovation Digital SMEs with promising and adaptable Digital Solutions that will aid in containing the impacts of pandemic and epidemic-prone diseases in Nigeria to a virtual Hackathon. Top 3 Startups with the most promising Digital Solutions receives a grant

July 2020

Abia State IRS: 8 July | Waivers and discounts for Small Scale Industries/Artisans (PAYE and all forms of personal income taxes/direct taxes)

Akwa Ibom IRS: 10 July | The Akwa Ibom State Government announce tax reliefs for taxpayers in the face of COVID-19 pandemic including waiver of Business Premises Levy for Small and Medium Enterprises (SME), Extension of deadline for filing of individual income tax return for 2019 from March 31, 2020 to September 30, 2020 and 25% discount on Personal Income Tax for traders.

Ebonyi IRS: 13 July | The Executive Governor of Ebonyi State approves Tax Reliefs to help the Hawkers and Petty Traders in Ebonyi State.

Yobe State IRS: 13 July | In order to reduce the impact of COVID-19 on the local economy, the Yobe State Board of Internal Revenue implements a 10 per cent relief on all tax assessments for 2019 and 2020 for residents and corporate organisations in the state.

See implemention guide for individual tax payers & enterprises

Osun IRS: 24 July | Osun Internal Revenue Service grants tax reliefs to Taxpayers

Oyo State: 27 July | Oyo State Government issues tax relief packages to private individuals and corporate businesses in the State, pursuant to further cushioning the effects of the ravaging Covid-19 pandemic on the economy of the State.

Rivers State IRS: 27 July | The Governor grants tax relief and incentives to taxpayers to mitigate the impact of COVID-19.

August 2020

Ekiti State IRS: 7 August | Ekiti State Internal Revenue Service has granted full amnesty on Land use charge between 2013-2019, waiver on penalty and interest on 2020 Land use charge and tax rebates.

MAY 2020

CBN: 3 May | The CBN's Bankers' Committee suspends lay-off of staff in order to minimize and mitigate the negative efffect of Covid-19 pandemic on families and livelihoods.

June 2020

FG: 24 June | The Nigeria Economic Sustainability Plan seeks to execute Labour intensive programmes in key areas like housing, roads, agriculture, facility maintenance, and direct labour interventions – all heavily utilising local materials.

MARCH 2020

SEC: 31 March | Circular directing public companies to continue to make material disclosures to their investors on COVID-19’s impact on their business operations and updates to business continuity plans.

APRIL 2020

NSE: 17 April | NSE in response to the COVID-19 pandemic issues an extension of time for filing of audited financial statements for listed entities with year end of March 31 and December 31 2019, quarterly financial statements for 2019 year end and waiver of the provisions of rule 20.8.

FCCPA: 28 April | Guidelines for use of FCCPA e-filing platform issued as part of the Guidance on Merger Notifications Process. 

CBN: 30 April | The CBN extends timeframe for the submission of 2019 Audited Financial statements by all banks and other financial institutions. 

MAY 2020

SEC: 11 May | SEC issue guidelines on gradual revival of its operations following gradual easing of the lockdown.

NSE: 15 May | NSE issues an extension of time for submission of the 2020 Self-Assessment Form, Quarterly Returns, Internal Review Report and Branch Report for the period ended 31 March 2020 as part of the palliatives to cushion the negative impact of the COVID-19 pandemic on Dealing Members.

MARCH 2020

CBN: 16 March | Policy measures in response to COVID-19 Outbreak and Spillovers by the CBN to help businesses and households. This includes a Targeted Credit Facility, Extension of moratorium, Interest Rate Reduction, Credit Support for Health Sector, and other measures. 

CBN: 23 March | Guidelines for the implementation of the N50 billion targeted credit facility for households and small and medium sized enterprises (SMESs) that have been hit by the COVID-19. 

CBN: 25 March | Credit support for healthcare sector. Guidelines for the operation of the N100 Billion credit support for the healthcare sector 

APRIL 2020

CBN: 13 April | Statement from the CBN reassuring loan seekers and SMEs that they are not required to pay any amount as application processing fee to appy for loans to cushion the effects of COVID-19.

CBN: 13 April | Statement from the CBN reassuring loan seekers and SMEs that they are not required to pay any amount as application processing fee to appy for loans to cushion the effects of COVID-19.

CBN: 29 April | Statement from the CBN announcing resumption of sale of FX to commercial banks for further sales to customers wishing to pay school fees and SMEs wishing to make essential imports needed to revive economic activities.

CBN: 29 April | Resumption of cheque clearing in the Nigeria clearing system. In line with measures to ensure safe and efficient payment systems in Nigeria, the CBN lifts the suspension of cheque clearing in Nigeria effective April 28, 2020.

CBN: 29 April | Statement from the CBN announcing resumption of sale of FX to commercial banks for further sales to customers wishing to pay school fees and SMEs wishing to make essential imports needed to revive economic activities.

CBN: 29 April | CBN Circular that reviews minimun Capital requrirement for Microfinance Banks and extension of the deadline for compliance by one year.

CBN: 30 April | The CBN extends timeframe for the submission of 2019 Audited Financial statements by all banks and other financial institutions. 

MAY 2020

CBN: 3 May | The CBN's Bankers' Committee suspends lay-off of staff in order to minimize and mitigate the negative efffect of Covid-19 pandemic on families and livelihoods.

CBN: 27 May | The CBN approved regulatory forbearance for the restructuring of credit facilities in the other financial institutions sub-sector. Its intervention facilities availed through participating OFIs are granted 1 year moratorium with reduced interest rates.

September 2020

CBN: 20 September | CBN releases update to the Health Sector Research and Development Intervention Scheme to help strengthen the public healthcare systemwith innovative financing of research and development (R&D) in new and improved drugs, vaccines and diagnostics of infectious diseases in Nigeria. 

October 2020

CBN: 16 October | Due to the changes in the trends of business activities as a result of the COVID-19 pandemic which has led to increase in financial crimes globally, the CBN provides advisory on how to tackle these financial related crimes.

March 2020

NASS: 24 March | The House of Representatives passes for third reading the Emergency Economic Stimulus Bill, 2020, the draft law aims at providing temporary relief to companies and individuals to alleviate the adverse financial consequences of a slowdown in economic activities caused by the Covid-19 disease.

APRIL 2020

FG: 6 April | Nigeria’s Minister of Finance, Budget and National Planning announces fiscal stimulus and other interventions in response to COVID-19 pandemic and the oil price fiscal shock.

MARCH 2020

Lagos LIRS: 31 March |  Extension of deadlines for filing of returns. The LIRS issued a notice that filing of annual returns for individual tax payers and self-employed persons has been postponed from 31st March-31st May 2020.

APRIL 2020

FCT IRS: 2 April | Filing of returns: Extension of deadline for annual tax returns. Three months extension for the filing of individual income tax returns for taxpayers resident in Abuja.

Kwara State IRS: 3 April | The Kwara State Internal Revenue Service extends deadline for filing annual tax returns till the 31st of May, 2020. 

MAY 2020

Lagos LIRS: 15 May | The LIRS has made a further extension of the deadline for filing of annual tax returns including self employed persons to 30 June 2020 as part of the state government's effort to mitigate the impact of the COVID-19 pandemic.

June 2020

Ondo IRS: 15 June | ODIRS Introduces tax relieves and incentives for taxpayers and businesses to cushion the impact of COVID-19 crisis.

Enugu IRS: 23 June | Enugu State Internal Revenue Service introduced tax incentives for traders and other taxpayers in the state to cushion the effects of COVID-19 pandemic.

Niger State IRS: 24 June | The Niger State Government approved Tax Reliefs as part of it's measures to cushion the economic impact of the Covid-19 pendamic including Extension of filling date of annaul tax returns by all business and individual, and PAYE. 

Plateau State IRS: 25 June | To ameliorate the impact of COVID-19, the Plateau Internal Revenue Service grants tax reliefs to Taxpayers.

Kogi State IRS: 25 June | The Kogi State Internal Revenue Service issues tax incentives and reliefs for businesses and individuals in the State in response to the effect of COVID-19 pandemic including Extension of the deadline for filing of annual returns to 31 August 2020.

Borno State IRS: 26 June | The Borno State Government approves fiscal and economic palliative measures to mitigate the adverse effects of COVID – 19, for small and medium enterprises and individual Taxpayers. 

Kwara State IRS: 26 June | Extension of the deadline for filing of annual returns to 30 September and waivers of penalties , and interest on late filing and moratorium to ceratain tax payers. 

Benue IRS: 30 June | Benue Internal Revenue Service (BIRS) announces digitisation of its processes, Extends Date On Returns and other New Measures

July 2020

Lagos State IRS: 1 July | The LIRS announces the procedure for carrying out Tax Audit Reconciliation Meetings. The mode of this meeting will be video-conferencing, physical meeetings will be an exception.

Bauchi State IRS: 2 July | The Bauchi State Internal Revenue Service grants tax reliefs and incentives to taxpayers and businesses to cushion the effect of Covid-19 Pandemic.

Abia State IRS: 8 July | The Abia State Internal Revenue Service grants tax reliefs and incentives to taxpayers and businesses which cuts accross several tax types such as PAYE, Capital Gains Tax, Property Tax, etc.

Akwa Ibom IRS: 10 July | The Akwa Ibom State Government announce tax reliefs for taxpayers in the face of COVID-19 pandemic.

Ebonyi IRS: 13 July | The Executive Governor of Ebonyi State approves Tax Reliefs to help the Hawkers and Petty Traders in Ebonyi State. 

Yobe State IRS: 13 July | In order to reduce the impact of COVID-19 on the local economy, the Yobe State Board of Internal Revenue implements a 10 per cent relief on all tax assessments for 2019 and 2020 for residents and corporate organisations in the state.

See implemention guide for individual tax payers & enterprises

Kaduna State: 24 July | Kaduna State has issued palliative measures to cushion the effects of Covid-19 on taxpayers.

Osun IRS: 24 July | Osun Internal Revenue Service grants tax reliefs to Taxpayers

Benue IRS: 24 July | The Benue Internal Revenue Service (BIRS) introduces new measures for tax remittances and other processes in taxation in the face of Covid-19.

Oyo State: 27 July | Oyo State Government issues tax relief packages to private individuals and corporate businesses in the State, including extension of the deadline for filing of annual returns of employees by the employers. 

Rivers State IRS: 27 July | The Governor grants tax relief and incentives to taxpayers to mitigate the impact of COVID-19 including extension of the deadline for filing of annual returns of employees by the employers and waivers of penelties and interest on late filing.

Adamawa State IRS: July | The Adamawa State Government offers specific Tax reliefs and deferral measures to support taxpayers to cushion the effect of Covid-19 Pandemic including 50% reduction in Personal income Tax (PIT) for informal sector tax payers.

Kwara State IRS: 29 July | Extension of the deadline for filing of annual returns to 30 September by the employers and waivers of penalties , and interest on late filing and moratorium to ceratain tax payers

August 2020

Ekiti State IRS: 7 August | The Ekiti State Internal Revenue Services introduces tax relief and incentives for taxpayers and businesses as part of its ongoing efforts to cushion the negative effects of the COVID-19 pandemic. 

Ogun IRS: 8 August | The Ogun State Government issues tax reliefs for tax payers in Ogun State in response to the effects of COVID-19 pandemic on businesses and individuals.

Nasarawa State IRS: 14 August | The Nasarawa State Internal Revenue Service (NSIRS) announces a review of the palliative measures for its esteemed taxpayers with a view to mitigate the effect of the pandemic on individual and business income alike.

 

MARCH 2020

FIRS: 25 March | FIRS requests taxpayers to use its e-platforms to file tax returns, pay taxes and apply for tax clearance certificates. Further granted extension of the timeline for filing Value Added Tax and withholding tax

FIRS: 31 March | Palliative measures for tax payers. Press release from the FIRS listing palliative measures to cushion the effect of COVID-19 on tax payers. 

APRIL 2020

FIRS: 30 April: FIRS announces waiver on interests and penalties on outsatnding tax debts if it is paid in full on or before 31st of May 2020.

MAY 2020

FIRS: 15 May | The FIRS extends the filing deadline for AEOI-CRS reporting to 30 September 2020 in response to the effect of COVID-19 on Financial institutions' ability to comply.

JUNE 2020

FIRS: 2 June | The FIRS extends the deadline on waiver of penalty and interests for outstanding tax liabilities from 31 May 2020 to 30 June 2020.

FIRS: 9 June | The FIRS extended the deadline on waiver of penalty and interests for outstanding tax liabilities from 30 June 2020 to 31 August 2020.

July 2020

FIRS: 30 July | The FIRS has extends deadline for filing of Companies Income Tax returns from 31st July to 1st August 2020. 

November 2020

FIRS: 4 November | The FIRS extends some pallaitives provided during the COVID-19 to show assistance and support towards businesses that were negatively impacted by the ENDsars protest. This inculdes extension of period to settle penalty and interest, extension of monthly VAT and WHT returns filing to end of month, and the option of paying off tax liabilities in naira at the prevailing Investors & Exporters (I & E) FOREX window rate.

March 2020

NASS: 24 March | The House of Representatives passes for third reading the Emergency Economic Stimulus Bill, 2020, the draft law aims at providing temporary relief to companies and individuals to alleviate the adverse financial consequences of a slowdown in economic activities caused by the Covid-19 disease.

June 2020

FG: 24 June | The Nigeria Economic Sustainability Plan provides for Mass Housing Programme (MHP) to deliver up to 300,000 homes every year and Installation of Solar Home Systems


Note that this page gathers together information on matters of general guidance and provides a high-level overview of the nature and extent of measures local authorities are taking in response to the COVID-19 pandemic as at the date set out herein. This is made available for information purposes only and PwC Nigeria does not accept any liability or responsibility whatsoever for the accuracy or completeness of this information or any use you may make of it. While best efforts have been used to compile this information, from reliable sources, matters are moving and evolving at a fast pace as governments respond. Accordingly, you are on notice that any use you make of this information, or any reliance you place on it, is solely your responsibility. For professional advice and assistance, please contact your usual PwC contact.


Contact us

Uyi Akpata

Uyi Akpata

Regional Senior Partner West Market Area, PwC Nigeria

Tel: +234 1 271 1700

Taiwo Oyedele

Taiwo Oyedele

Fiscal Policy Partner, PwC Nigeria

Tel: +234 (1) 271 1700

Andrew S. Nevin

Andrew S. Nevin

Partner & Chief Economist, PwC Nigeria

Tel: +234 1 271 1700

Follow us