Nigeria Customs Service Directs Stakeholders to Recapture Entries, Cancels Declarations Made During 4% FOB Implementation

Nigeria Customs Service Directs Stakeholders to Recapture Entries, Cancels Declarations Made During 4% FOB Implementation.

By Joe Njoku,
Global Freight News.

In respect to the earlier press release announcing the suspension of the 4% Free-on-Board (FOB) charge on import, the Nigeria Customs Service wishes to inform stakeholders that all import declaration made during the initial implementation period have been cancelled. This move is necessary to ensure clarity, maintain consistency in customs operations, and prevent any disruptions in clearance processes.

Affected importers, customs agents, and stakeholders are, therefore required to recapture their declarations to proceed with the clearance of their goods.

In addition, all affected are advised to promptly recapture their entries through the designated customs processing platform. The NCS has put measures in place to ensure that the process is seamless.

Customs Commands nationwide have been directed to provide the necessary assistance and clarifications to importers and agents requiring support during the period.

The NCS remains passionate in its Commitment to implement government fiscal policies in alignment with the provisions of the Nigeria Customs Service Act 2023 through robust consultation and dialogue with all stakeholders. The decision therefore, cancel previous declarations and give room for recapturing is part of the Service broader effort to be public centric organization that ensures efficient service delivery.

Under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi MFR, the Service remains committed to demonstrating openness and transparency in its engagements with Stakeholders. Traders are therefore encouraged to take advantage of this opportunity to avoid any further delays in the clearance of their goods.