The Nigeria Customs Service (NCS) has complied with the directive of the Federal Ministry of Finance to suspend the implementation of the 4% Free-on-Board (FOB) charge on imported goods.
In a statement issued by its National Public Relations Officer, Assistant Comptroller, Abdullahi Maiwada, the Service appreciates the Ministry’s intervention and reiterates its commitment to aligning with government fiscal policies and economic objectives.
In response to the directive, the NCS has commenced consultations with the Ministry to determine appropriate interim measures that will ensure uninterrupted service delivery to the trading community and other stakeholders.
The Service also clarifies that the 4% FOB charge is not a recent creation of Customs, but a statutory provision under Section 18(1)(a) of the Nigeria Customs Service Act, 2023, which prescribes “not less than 4% of the free-on-board value of imports according to international best practices” as a funding mechanism for its operations.
NCS assures importers, licensed agents, and international partners that operations remain seamless. The Service remains committed to efficient revenue collection, trade facilitation, and upholding international standards to drive Nigeria’s economic growth.
We remain firmly committed to delivering efficient service, upholding international best practices and supporting Nigeria’s economic growth through effective revenue collection and enhanced trade facilitation.
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