The Nigeria Customs Service plans to reintroduce a *4% Free-on-Board (FOB) Levy* on imported goods, five months after suspending it due to stakeholder concerns. Comptroller-General of Customs, Adewale Adeniyi, hinted at this during a town hall meeting on July 21, 2025, in Lagos.
Purpose: Fund technology and modernization of Customs operations via the indigenous B’Odogwu trade platform.
Replacement for CISS: The 4% FOB levy will replace the 1% Comprehensive Import Supervision Scheme.
No Extra Charges: CGC assured no additional charges beyond the 4% FOB.
Context and Justification:
Funding Tech Evolution: Transition to B’Odogwu requires significant funding.
WCO Council Chairmanship: Nigeria’s chairmanship to showcase B’Odogwu’s capabilities globally.
The CGC appealed for stakeholder understanding, emphasizing the need for the levy to support technological innovation in Customs operations.