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The Nigeria Customs Service (NCS) highly values and appreciates the crucial role stakeholders have played in shaping and implementing the Nigeria Customs Service Act (NCSA) 2023. This transformative legislation, which replaces the long-standing Customs and Excise Management Act (CEMA) and related laws, is the result of extensive consultations, meaningful discussions, and collaborative efforts with key industry players, government agencies, and other relevant stakeholders. Their knowledge, insights, and dedication have been instrumental in establishing a solid legal framework that improves efficiency, encourages innovation, and enhances transparency in customs operations.
In compliance with Section 18 (1) of the NCSA 2023, the NCS has introduced a 4% charge on the Free On-Board (FOB) value of imports. This charge is calculated based on the total value of imported goods, including the cost of goods and transportation expenses incurred up to the port of loading. It is a necessary measure to support the effective functioning of the Service.
Additionally, the NCS acknowledges the concerns raised by stakeholders regarding the concurrent collection of the 1% Comprehensive Import Supervision Scheme (CISS) fee alongside the 4% FOB charge. As a responsive and responsible government agency, the Service assures the public that discussions are actively ongoing with the Federal Ministry of Finance to address these concerns and ensure a fair resolution.
Under the leadership of Comptroller General of Customs, Bashir Adewale Adeniyi, the NCS remains committed to fostering transparency, promoting fair trade practices, and ensuring efficient revenue management. Stakeholders are encouraged to support this legally mandated initiative, which has been carefully designed through extensive consultations with industry experts, importers, and regulatory authorities.
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