
Customs Suspends Implementation Of 4% FOB Charge To Enable Wider Stakeholders Consultation
By Sylvanus OBASI The Nigeria Customs Service (NCS) has announced temporary suspension of the implementation of 4% Free-on-Board (FOB) value on imports as provided in Section 18(1)(a) of the Nigeria Customs Service (NCSA) 2023. In a press statement made available to Platform Reporters on Tuesday, customs hinted that the temporary suspension is as a result of an…