Nigeria Customs Commends Stakeholders’ Role in the Enactment, Implementation of NCS Act 2023

The Nigeria Customs Service (NCS) has acknowledged the crucial contributions of stakeholders in the development and successful implementation of 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 the result of extensive consultations, constructive dialogue, and collaboration with key industry players, government agencies, and other relevant stakeholders.

According to the NCS, the engagement of these stakeholders has ensured the establishment of a robust legal framework aimed at enhancing efficiency, fostering innovation, and strengthening transparency in customs operations.

Their insights and expertise have played a pivotal role in shaping policies that align with global best practices.

In adherence to Section 18 (1) of the NCSA 2023, the NCS has commenced the implementation of a 4% charge on the Free On-Board (FOB) value of imports.

The FOB charge, calculated based on the value of imported goods – including the cost of goods and transportation expenses incurred up to the port of loading – is regarded as a vital component for driving the effective operations of the Service.

The NCS also acknowledged concerns raised by stakeholders regarding the continued collection of the 1% Comprehensive Import Supervision Scheme (CISS) fee alongside the newly introduced 4% FOB charge.

The CISS fee is a regulatory charge imposed to fund Nigeria’s Destination Inspection Scheme.

In response to these concerns, the NCS assured stakeholders that extensive consultations are ongoing with the Federal Ministry of Finance to address their reservations.

The Service reiterated its commitment to engaging relevant parties to ensure a fair and balanced approach in implementing the new provisions of the NCSA 2023.

Under the leadership of Comptroller General of Customs, Bashir Adewale Adeniyi, the NCS reaffirmed its dedication to transparency, fair trade practices, and efficient revenue management.

The Service called on all stakeholders to support the legally binding provisions of the NCSA 2023, emphasising that the measures introduced reflect a balanced approach derived from extensive consultations with industry players, importers, and regulatory bodies.