Customs, Manufacturers Agree New Framework for 4% FOB Charge with Key Exemptions

The Nigeria Customs Service (NCS) and the Manufacturers Association of Nigeria (MAN) have reached a compromise on how the 4% Free-On-Board (FOB) charge on imports will be implemented, following stakeholder consultations. Under the new framework, various categories of imports will be exempted—particularly raw materials, machinery, spare parts, healthcare goods, and inputs for government projects—while efforts

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