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Customs boss directs controllers to educate importers on 4% FOB policy

Customs boss directs controllers to educate importers on 4% FOB policy

The Comptroller General of the Nigeria Customs Service, Bashir Adewale Adeniyi, has directed all Customs Area Controllers to educate importers and stakeholders about the new 4% Free On Board levy.

The CG in a circular NCS/FATS/ABJ/S.797, signed by Deputy Comptroller-General Finance, Admin and Technical Services, B.M Jibo, said the 4% Free on Board (FOB) levy is aimed at enhancing revenue generation and ensuring compliance with the NCS Act 2023.

The circular titled, ‘Sensitization Of Importers And Stakeholders On The Collection Of 4% FOB,’ said the 4% Free on Board (FOB) levy is aimed at enhancing revenue generation and ensuring compliance with the NCS Act 2023.

“In line with the implementation of the 4% Free on Board (FOB) levy, it is imperative that all Customs Area Controllers take proactive steps to engage and educate importers, clearing agents, and relevant stakeholders on the modalities for its collection.

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“The 4% Free on Board (FOB) levy is aimed at enhancing revenue generation and ensuring compliance with the NCS Act 2023.

As such, all Area Commands are directed to organize stakeholder meetings, workshops, and sensitization sessions to provide clarity on the purpose, process, and compliance requirements of the 4% FOB collection.

“Your cooperation in this regard is essential for the successful implementation of this directive. Kindly ensure strict compliance and provide periodic updates on the level of stakeholder engagement and compliance rates. Treat as urgent, please.”

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