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  • 2 hours ago PDP’s NEC confirms Anyanwu National Secretary
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Home Tag Archives: Free-on-Board

Tag Archives: Free-on-Board

Maritime

Customs boss, Adeniyi lauded over suspension of 4% FOB, honoured by maritime media

By Alex Akao
15 February 2025
in :  Maritime
0
48

Stakeholders’ in the maritime business have lauded the Comptroller General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, for prevailing on government to suspend the four per cent Free-on-Board (FOB) value on imports into the country. FoB value is an instrument used by Customs Administrations to assess import duties and taxes in which freight and insurance costs are excluded. …

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