Don’t Suspend 4% FOB Charge; Cancel It, Directors Tell Customs
The Chartered Institute of Directors (CIoD) Nigeria yesterday expressed concern about the recently suspended 4% charge on the Free on Board (FOB) value of imports by the Nigeria Customs Service (NCS), urging for policy reforms to protect Nigeria’s economic growth and competitiveness. The NCS implemented the levy in compliance with the terms of the Nigeria … Read more