Nigeria’s Federal Ministry of Information and National Orientation published a release from the Nigeria Customs Service on 11 February 2025 announcing the suspension of the 4% charge on the Free On-Board (FOB) value of all imported goods. It was announced that the 4% charge would be implemented in the previous week.
Source: Orbitax
Latest Posts in "Nigeria"
- Examining VAT Taxation in Nigeria: Landmark Decisions and Implications for Federalism
- Nigeria Announces 2025 Tax Reforms and Duty-Free Import Updates
- Nigeria FIRS becomes a Peppol Authority
- Nigerian News Agency Announces New Regime Allowing VAT Credits on Assets
- Nigeria Introduces USD300 Duty-Free Threshold for Low-Value Imports Starting September 2025