JUST IN: Nigerian Customs Suspends Enforcement of 4 Percent Free-on-board Value on Imported Goods

FCT, Abuja – The Nigeria Customs Service (NCS) has suspended the enforcement of the 4 percent free-on-board value on imported goods.

Dada Olusegun, the special assistant to President Bola Tinubu on social media, shared this update via his verified X (formerly Twitter) handle on Tuesday, February 11.

The presidential aide shared a recent press release signed by Abdullahi Aliyu Maiwada, the spokesperson of the NCS. In the document, the NCS acknowledged the “strategic role” of stakeholders towards the emergence and implementation of the NCS Act 2023.

More to come…