SEREC calls for 1% CISS reinstatement, NASS review of 4% FOB

Tribune OnlineSEREC calls for 1% CISS reinstatement, NASS review of 4% FOBThe Sea Empowerment and Research Center (SEREC) has welcomed the suspension of the 4 percent Free-on-Board (FOB) levy by the Federal Ministry of Finance, but cautioned that the directive amounts to only a temporary pause since the levy remains enshrined in the Nigeria Customs Service Act, 2023. In a statement released by SEREC Head of

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