David Zack
The Nigeria Customs Service (NCS) has officially begun enforcing a 4% charge on the Free On-Board (FOB) value of imports, a move aligned with the Nigeria Customs Service Act (NCSA) 2023. The announcement was made in Abuja through a statement by NCS spokesperson Abdullahi Maiwada.
According to Maiwada, the implementation is in accordance with Section 18(1) of the NCSA 2023, with the levy designed to support the service’s operational efficiency. The FOB charge is calculated based on the total value of imported goods, including costs and transportation expenses incurred up to the port of loading.
While addressing concerns from industry players regarding the continued collection of the 1% Comprehensive Import Supervision Scheme (CISS) fee, the NCS clarified that both charges are regulatory in nature, aimed at funding Nigeria’s Destination Inspection Scheme and facilitating seamless customs operations.
The NCS acknowledged the apprehensions expressed by importers and other stakeholders, assuring the public that consultations are ongoing with the Federal Ministry of Finance to address all raised concerns. The service emphasized its dedication to stakeholder engagement and collaboration to ensure the smooth implementation of the levy.
Stakeholders are urged to adhere to this directive, which, according to the NCS, was formulated following extensive deliberations with trade groups and regulatory bodies. The service highlighted that this policy represents a balanced approach, taking into account insights from industry professionals, importers, and regulators.
Maiwada recognized the invaluable contributions of stakeholders in shaping the provisions of the NCSA 2023, crediting their expertise and commitment to strengthening customs processes. Under the leadership of Comptroller-General Adewale Adeniyi, the NCS reiterated its pledge to transparency, the promotion of fair trade, and efficient revenue collection to support the country’s economic growth.
