{"id":485019,"date":"2025-09-16T19:15:32","date_gmt":"2025-09-16T19:15:32","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2025\/09\/16\/nigeria-backtracks-on-customs-fob-import-tax\/"},"modified":"2025-09-16T19:15:38","modified_gmt":"2025-09-16T19:15:38","slug":"nigeria-backtracks-on-customs-fob-import-tax","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2025\/09\/16\/nigeria-backtracks-on-customs-fob-import-tax\/","title":{"rendered":"Nigeria backtracks on customs FOB import tax"},"content":{"rendered":"<p>Nigeria has suspended the 4% tax on imports (FOB) after manufacturers and importers raised concerns. Introduced last month by the Nigeria Customs Service (NCS), this tax quickly raised concerns from the private sector, fearing an increase in costs and a negative impact on the country&#8217;s competitiveness. In a circular dated September 15, 2025, the Minister... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2025%2F09%2F16%2Fnigeria-backtracks-on-customs-fob-import-tax%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Nigeria has suspended the 4% tax on imports (FOB) after manufacturers and importers raised concerns. Introduced last month by the Nigeria Customs Service (NCS), this tax quickly raised concerns from the private sector, fearing an increase in costs and a negative impact on the country&#8217;s competitiveness. In a circular dated September 15, 2025, the Minister&#8230;... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2025%2F09%2F16%2Fnigeria-backtracks-on-customs-fob-import-tax%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":527297,"featured_media":485024,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2025\/09\/16\/le-nigeria-retropedale-sur-la-taxe-fob-douaniere-sur-les-importations\/","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11996,12038,12036],"tags":[],"class_list":{"0":"post-485019","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-en","8":"category-premium-en","9":"category-sectors","10":"pmpro-level-required","11":"pmpro-level-1","12":"pmpro-level-3","13":"pmpro-level-4","14":"pmpro-level-5","15":"pmpro-level-6","16":"pmpro-level-7","17":"pmpro-no-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria backtracks on customs FOB import tax - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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