JUST-IN: Federal Government Halts 4% FOB Customs Levy Over Trade Facilitation, Inflation Concerns

JUST-IN: Federal Government Halts 4% FOB Customs Levy Over Trade Facilitation, Inflation Concerns

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has directed the Nigeria Customs Service (NCS) to suspend the implementation of the four per cent Free on Board (FoB) charge. In a circular titled, “Suspension of the Implementation of 4% FOB Charge by the Nigeria Customs Service,” the Minister said implementation of […]

Source: JUST-IN: Federal Government Halts 4% FOB Customs Levy Over Trade Facilitation, Inflation Concerns

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