Nigeria Customs Begins Implementation of 4% FOB Charge on Imports

The Nigeria Customs Service (NCS) has commenced the implementation of a 4% charge on the Free On-Board (FOB) value of imports, in line with the Nigeria Customs Service Act (NCSA) 2023.

He explained that the FOB charge is calculated based on the total value of imported goods, including their cost and transportation expenses up to the port of loading. He emphasized that the levy is essential for the service’s effective operations.

Responding to concerns over the continued collection of the 1% Comprehensive Import Supervision Scheme (CISS) fee, Maiwada clarified:

“The CISS fee remains a regulatory charge used to fund Nigeria’s Destination Inspection Scheme, alongside the 4% FOB charge.”

He assured stakeholders that the NCS is actively engaging with the Federal Ministry of Finance to address their concerns.

“As a responsive agency, we assure the public that extensive consultations are ongoing with the Federal Ministry of Finance to resolve all issues raised by our esteemed stakeholders,” he said.

Maiwada urged stakeholders to comply with the directive, stressing that it was introduced after thorough discussions with industry players, importers, and regulatory bodies.

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