Customs Cancels Import Declarations as 4% FOB Charge Suspension Takes Effect

The Nigeria Customs Service (NCS) has officially canceled all import declarations made during the brief implementation of the now-suspended 4% Free-on-Board (FOB) charge on imports.

This was announced on Monday by the National Public Relations Officer, Abdullahi Maiwada, who explained that the decision was aimed at ensuring clarity and smooth clearance operations for importers and customs agents.

Importers Must Recapture Declarations

With this cancellation, all affected stakeholders—including importers and clearing agents—must re-enter their declarations before proceeding with the clearance of their goods.

To ease the process, the Customs Service has directed all commands nationwide to provide assistance and guidance where necessary.

Commitment to Transparency

Maiwada assured that under the leadership of the Comptroller-General of Customs, Adewale Adeniyi, the NCS remains committed to transparency and stakeholder engagement while implementing government policies.

“This move aligns with our objective of maintaining efficient service delivery and ensuring that businesses are not disrupted due to policy adjustments,” he stated.

Why Was the 4% FOB Charge Suspended?

The 4% FOB charge was initially introduced under the Nigeria Customs Service Act 2023, requiring importers to pay an additional fee based on the value of goods, including transport costs up to the port of loading.

However, the policy faced backlash from businesses already struggling with rising operational costs.

As a result, the Customs Service temporarily suspended its implementation to allow for a comprehensive review.

What This Means for Importers

• All import declarations made during the initial implementation period are no longer valid.
• Importers must recapture their declarations for smooth clearance.
• Customs has assured stakeholders of support and guidance throughout the process.

The suspension of the FOB charge gives the government time to re-evaluate its revenue framework, potentially bringing relief to businesses and consumers alike.

For more updates on trade policies and business regulations, stay tuned to NIGPOST.