The Nigeria Customs Service (NCS) has commended stakeholders for their pivotal role in the formulation and implementation of the Nigeria Customs Service Act (NCSA) 2023. The new legislation, which replaced the long-standing Customs and Excise Management Act (CEMA) and other related laws, was developed through extensive consultations and collaborative efforts with key industry players, government agencies, and other relevant stakeholders.
In a statement signed by the National Public Relations Officer, Assistant Comptroller Abdullahi Maiwada, the NCS acknowledged that the insights, expertise, and commitment of stakeholders were instrumental in ensuring a legal framework that enhances efficiency, promote innovation, and strengthens transparency in customs operations.
As part of its implementation of the NCS Act 2023, the NCS has commenced the enforcement of a 4% charge on the Free On-Board (FOB) value of imports. The statement explained that the charge, which is calculated based on the value of imported goods, including transportation costs up to the port of loading, is crucial for the effective operation of the Service.
However, concerns have been raised by stakeholders regarding the simultaneous collection of the 1% Comprehensive Import Supervision Scheme (CISS) fee alongside the 4% FOB charge. In response, the NCS assured the public that it is actively engaging with the Federal Ministry of Finance to address these concerns, emphasizing that consultations are ongoing to find a balanced resolution.
The NCS reaffirmed its commitment to transparency, fair trade practices, and efficient revenue management. The Service also urged all stakeholders to support the implementation of the NCSA 2023, stressed that the measures introduced were a result of broad-based consultations with industry players, importers, and regulatory bodies.
