Joseph Bakare
The Nigeria Customs Service (NCS) has assured stakeholders of plans to address concerns over the sustained collection of 1 per cent Comprehensive Import Supervision Scheme (CISS) fee (a regulatory charge imposed for funding Nigeria’s Destination Inspection Scheme) alongside the 4 per cent FOB charge. It said that as a responsive and responsible government Agency, the Service is consulting with the Federal Ministry of Finance to address all agitations raised by our esteemed stakeholders.
Under the leadership of the Comptroller General of Customs, Bashir Adewale
Adeniyi, the NCS reaffirms its commitment to transparency, fair
trade practices, and efficient revenue management as it urged stakeholders to
support this legally binding initiative, as the measures introduced in alignment with the NCSA 2023 reflects a balanced approach born out of extensive consultations with industry players, importers, and regulatory bodies.
The Service also recognises the invaluable contributions of stakeholders in shaping and actualising the Nigeria Customs Service Act (NCSA) 2023.
This landmark legislation, which replaces the long-standing Customs and Excise Management Act (CEMA) and other related laws is a product of extensive consultations, constructive dialogue, and collaborative efforts with key industry players, government agencies, and other stakeholders.
The NCS said their insights, expertise, and unwavering commitment have been instrumental in ensuring a robust legal framework that enhances efficiency, promotes innovation and strengthens transparency in customs operations.
Also, in line with the provisions of Section 18 (1) of NCSA 2023, the NCS is
implementing a 4 per cent charge on the Free On-Board (FOB) value of imports. The FOB charge, which is calculated based on the value of imported goods, including cost of goods and transportation expenses incurred up to the port of
loading, is essential to driving the effective operation of the Service.