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GAC Regional Office, Asia Pacific 78 Shenton Way, #29-01
Group Vice President, Asia Pacific & Indian Subcontinent
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
Unit OT 18-35, Level 18, Central Park Towers, Dubai International Financial Centre, Dubai, P.O. Box 18006, United Arab Emirates
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16 Sep 2025 / Nigeria
The Nigerian Ministry of Finance has announced the immediate suspension of the collection of 4% Free on Board (FOB) recently levied by the country’s Customs Services on all imported goods.
This follows extensive consultation with industry stakeholders, trade experts and relevant government officials in which concerns were raised about the potential effects on the levy.
The suspension will provide an opportunity for a thorough review of the levy’s framework and implications.
For further details and updates, as well as information about operations in Nigeria, contact GAC Nigeria at [email protected]