customs duty suspension

  1. Government Rethinks 4% FOB Levy as Customs Announces Suspension

    Nigeria Government Rethinks 4% FOB Levy as Customs Announces Suspension

    The Nigeria Customs Service (NCS) has suspended the 4% free-on-board (FOB) levy on imports to allow for stakeholder consultations. The decision follows concerns from businesses about rising costs and inflation. Authorities will review the policy and engage industry players before determining the...
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