16 Sep 2025 / Nigeria

Suspension of Free On Board levy on imports

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]

If quoting any content from Hot Port News, please cite GAC Hot Port News as the source.

Make an
enquiry

enquiry icon

Find your
country

country icon