Nigeria Customs Service Cancels Declarations Made During 4% FOB Implementation

Nigeria Customs Service Cancels Declarations Made During 4% FOB Implementation
February 24 17:39 2025 Print This Article

The Nigeria Customs Service (NCS) has announced the cancellation of all import declarations made during the initial implementation period of the 4% Free-on-Board (FOB) charge on imports. This decision follows the earlier suspension of the 4% FOB charge.

According to the NCS, the cancellation is necessary to ensure clarity, maintain consistency in customs operations, and prevent any disruptions in clearance processes. Affected importers, customs agents, and stakeholders are required to recapture their declarations to proceed with the clearance of their goods.

To facilitate a seamless process, the NCS has directed Customs Commands nationwide to provide assistance and clarifications to importers and agents requiring support. Stakeholders are urged to promptly recapture their entries through designated customs processing platforms.

The NCS remains committed to implementing government fiscal policies in alignment with the Nigeria Customs Service Act 2023, ensuring efficient service delivery and openness in its engagements with stakeholders.

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The Ajasa News
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