• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 24, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Customs Directs Officers To Sensitise Importers, Agents On 4% FOB Increase

by Yusuf Babalola
6 months ago
in Business
Customs
Share on WhatsAppShare on FacebookShare on XTelegram

The Comptroller General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi has ordered all Customs Area Controllers (CAC) to sensitise importers and stakeholders about the recently introduced 4 percent Free On Board (FoB) levy.

Advertisement

The CG in a circular NCS/FATS/ABJ/S.797, signed by Deputy Comptroller-General Finance, Admin and Technical Services, B.M Jibo, said the four per cent Free on Board (FOB) levy is aimed at enhancing revenue generation and ensuring compliance with the NCS Act 2023.

The circular titled, ‘Sensitisation Of Importers And Stakeholders On The Collection Of Four Per cent FOB,’ said the four per cent Free on Board (FOB) levy is aimed at enhancing revenue generation and ensuring compliance with the NCS Act 2023.

“In line with the implementation of the four per cent Free on Board (FOB) levy, it is imperative that all Customs Area Controllers take proactive steps to engage and educate importers, clearing agents, and relevant stakeholders on the modalities for its collection.

“The four per cent Free on Board (FOB) levy is aimed at enhancing revenue generation and ensuring compliance with the NCS Act 2023. As such, all Area Commands are directed to organize stakeholder meetings, workshops, and sensitization sessions to provide clarity on the purpose, process, and compliance requirements of the four per cent FOB collection.

RELATED

Yahoo Mail Suffers Global Outage As Users Hit By ‘Temporary Error 15’

Yahoo Mail Suffers Global Outage As Users Hit By ‘Temporary Error 15’

2 hours ago
Seplat Wins Energy Times’ Corporate Governance Firm Of The Year

Delta State Lauds Seplat Energy’s Commitment To Host Communities

14 hours ago

“Your cooperation in this regard is essential for the successful implementation of this directive. Kindly ensure strict compliance and provide periodic updates on the level of stakeholder engagement and compliance rates. Treat as urgent, please.”

Meanwhile, the public relations officer, Nigeria Customs Service (NCS) Abdulahi Maiwada, urged stakeholders’ to support legally binding initiative Maiwada said the measures introduced was in alignment with the NCSA 2023 and reflects a balanced approach born out of extensive consultations with industry  players, importers, and regulatory bodies.

“In line with the provisions of Section 18 (1) of NCSA 2023, the NCS is implementing a four per cent charge on the Free On-Board (FOB) value of imports.

“The FOB charge, which is calculated based on the value of imported goods, including cost of goods and transportation expenses incurred up to the port of loading, is essential to driving the effective operation of the Service.

 

“Furthermore, the NCS acknowledges concerns raised by stakeholders over the sustained collection of one per cent Comprehensive Import Supervision Scheme (CISS) fee (a regulatory charge imposed for funding Nigeria’s Destination Inspection Scheme) alongside the four per cent FOB charge. As a responsive and responsible government agency, the Service wishes to assure the general public that extensive consultation is ongoing with the Federal Ministry of Finance to address all agitations raised by our esteemed stakeholders.

 

“Under the leadership of the Comptroller General of Customs, Bashir Adewale

 

Adeniyi, the NCS reaffirms its commitment to transparency, fair trade practices, and efficient revenue management. All stakeholders are urged to support this legally binding initiative, as the measures introduced in alignment with the NCSA

 

2023 reflects a balanced approach born out of extensive consultations with industry

 

players, importers, and regulatory bodies.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Nigeria Customs Service (NCS)
SendShareTweetShare
Previous Post

Again, Schneider Electric Wins World’s Most Sustainable Corporation Award

Next Post

LG Introduces Latest WebOS Upgrade Smart TV

Yusuf Babalola

Yusuf Babalola

You May Like

Yahoo Mail Suffers Global Outage As Users Hit By ‘Temporary Error 15’
Business

Yahoo Mail Suffers Global Outage As Users Hit By ‘Temporary Error 15’

2025/07/24
Seplat Wins Energy Times’ Corporate Governance Firm Of The Year
Business

Delta State Lauds Seplat Energy’s Commitment To Host Communities

2025/07/24
We Stand By Our Tariff Order – EERC
Business

Tariff Slash Didn’t Tamper With Generation Costs – Enugu Electricity Commission

2025/07/24
3 Years  Post-PIA: NMDPRA Just Engaging Stakeholders On HostCom Fund Regulations
Business

West Africa Targets Q4 To Sign Harmonised Refinery Regulatory Agreements – NMDPRA

2025/07/24
Analysts Laud UBA’s N1trn Market Capitalisation Milestone
Business

Elumelu Donates N25bn To ‘Produce For Lagos’ Initiative

2025/07/24
Shell Sees $6bn Oil, Gas Investment Opportunity In Nigeria  Agency Reports
Business

Zero Emissions: Shell Says It Won’t Halt New Oil Field Development

2025/07/24
Leadership Conference advertisement

LATEST

Ganduje Congratulates Successor APC Chair Yilwatda

Request For New Parties Registration Hit 144 — INEC

Yahoo Mail Suffers Global Outage As Users Hit By ‘Temporary Error 15’

Nigeria To Host 2025 CAVB U18 Beach Volleyball Championship

1.3m People Risk Severe Hunger As UN Suspends Food Aid In North-East

Court Voids Sack Of 74 Staff Of Delta Polytechnic 

ASUU Kicks Against Renaming UNIMAID After Buhari, Mulls Lawsuit 

New APC Chairman Yilwatda Resumes Work, Pledges To Lead Party To Victory

NDLEA, NARTO Mull Drug Test For Drivers

JUST IN: Wrestling Legend Hulk Hogan Dies At 71

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.