FG halts customs’ 4% FOB charge
The federal government suspended the 4% FOB import levy after widespread criticism from businesses and manufacturers over its inflationary and economic impact.
Custom
Nigeria customs seizes $2.2m undeclared cash at airports in seven months
The Nigeria Customs Service has seized $2.2m in undeclared cash at airports between January and July 2025, urging travelers to comply with currency declaration rules.
Customs revives 4% import levy, leaving the poor to bear the cost
The Nigerian Customs Service (NCS) has reintroduced the 4% Free-On-Board (FOB) import levy, suspended in February after backlash from clearing and forwarding agents.