Nigeria's Federal Ministry of Information and National Orientation published a release from the Nigeria Customs Service on 11 February 2025 announcing the suspension of the 4% charge on the Free On-Board (FOB) value of all imported goods. It was announced that the 4% charge would be implemented in the previous week. --- Nigeria Customs Service Engages Stakeholders, Suspends Implementation Of 4% FOB Charge The Nigeria Customs Service (NCS) hereby announces the suspension of the implementation of 4% Free-on-Board (FOB) value on imports as provided in Section 18(1)(a) of the Nigeria Customs Service (NCSA) 2023. This is sequel to ongoing consultations...