Daily Archives: February 5, 2025

Customs to boost revenue generation with 4% FOB levy

The Comptroller General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has directed all Customs Area Controllers (CAC) to educate importers and other stakeholders about the new 4% Free On Board (FOB) levy. According to a circular (NCS/FATS/ABJ/S.797) signed by Deputy Comptroller-General Finance, Admin, and Technical Services, B.M Jibo, the …

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