Nigeria Customs Suspends 4% FOB Import Charge Amid Ongoing Consultations
The Nigeria Customs Service (NCS) has suspended the implementation of the controversial 4% Free-on-Board (FOB) import charge to allow for further consultations with the finance ministry, trade experts, and key industry stakeholders. The decision, announced in a statement by NCS spokesperson Abdullahi Maiwada on Tuesday, comes amid concerns from businesses and trade associations over the […]