The Nigeria Customs Service (NCS) has promised to engage with the Federal Government, through the Federal Ministry of Finance, to address concerns raised by stakeholders regarding the simultaneous collection of the new 4% Free On-Board (FOB) charge and the existing 1% Comprehensive Import Supervision Scheme (CISS) fee.
The CISS fee is a regulatory charge that funds Nigeria’s Destination Inspection Scheme.
The NCS acknowledges the concerns raised about the combined impact of these charges and has assured the public that it is committed to finding a resolution.
This commitment comes as the NCS highlights the crucial role stakeholders played in developing and implementing the Nigeria Customs Service Act (NCSA) 2023.
This new legislation, which replaces the Customs and Excise Management Act (CEMA) and other related laws, is the result of extensive consultations and collaboration with key industry players, government agencies, and other stakeholders.
The NCS has recognised that the insights, expertise, and commitment of these stakeholders were instrumental in establishing a robust legal framework that promotes efficiency, innovation, and transparency in customs operations.
The 4% FOB charge, introduced under Section 18 (1) of the NCSA 2023, is calculated on the value of imported goods, including the cost of the goods and transportation expenses up to the port of loading. The NCS considers this charge essential for its effective operation.
However, the Service said it is aware of the concerns voiced by stakeholders about the cumulative effect of this new charge alongside the pre-existing 1% CISS fee.
Under the leadership of Comptroller General of Customs, Bashir Adewale Adeniyi, the NCS has reaffirmed its commitment to transparency, fair trade practices, and efficient revenue management.
The Service has urged all stakeholders to support the NCSA 2023, emphasising that the measures introduced reflect a balanced approach derived from extensive engagement with industry players, importers, and regulatory bodies.