Customs Cancels 4% FOB Levy Implementation , Directs Stakeholders To Recapture Entries

 

 

Sequel to  the suspension of the 4% Free-on-Board (FOB) charge on imports, the Nigeria Customs Service (NCS) has  to informed stakeholders that all import declarations made during the initial implementation period have been cancelled.

 

This measure is necessary to ensure clarity, maintain consistency in customs operations, and prevent any disruptions in clearance processes.

 

According to a statement by the National Public Relations Officer, NCS , Assistant Comptroller of Customs, Abdullahi Maiwada on Monday, 24 February, 2025, the affected importers, customs agents, and stakeholders are, therefore, required to recapture their declarations to proceed with the clearance of their goods.

 

In addition, the statement maintained that all stakeholders affected are urged to promptly recapture their entries through the designated customs processing platforms.

 

“The NCS has put measures in place to ensure this process is seamless. Customs Commands nationwide have been directed to provide the necessary assistance and clarifications to importers and agents requiring support during this period.

 

“The Service remains steadfast in its commitment to implementing government fiscal policies in alignment with the provisions of the Nigeria Customs Service Act 2023 through robust consultation and dialogue with all stakeholders.

 

DAILYFOCUS NIGERIA reports, that the decision to cancel previous declarations and give room for recapturing is part of the Service’s broader effort to be a public-centric organisation that ensures efficient service delivery.

 

“Under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, the Service remains committed to demonstrating openness and transparency in its engagements with stakeholders. Traders are therefore encouraged to take advantage of this opportunity to avoid any further delays in the clearance of their consignments.:”, it added.

 

Recall that a cross section of stakeholders within the freight forwarding sub sector and concerned shippers have called for the cancellation of the 4% FOB Levy rather than the suspension.