Wednesday, February 12, 2025

Customs suspend 4% FOB load

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• Finish the Webb Fontaine contract agreement

The Nigeria Customs Service (NCS) on Tuesday announced the suspension of the 4 percent free on board (FOB). This is even when the service announced the departure of the contract agreements with service providers that were previously financed through the integral import supervision scheme (CISS) of 1 percent, including that of Webb Fontaine.

In a statement signed by the national Customs spokesman, Abdullahi Maiwada, the service said the suspension is the sequel to ongoing consultations with the honorable Minister of Finance and Minister Coordinating of the Economy, Mr. Olawale Edun and other interested parties.

According to the Customs Declaration, “the Niger ) of the Customs of Nigeria Service (NCSA) 2023.

“This is a sequel to ongoing consultations with the Honorable Minister of Finance and the Minister of the Economy, Mr. Olawale Edun and other interested parties.

“This suspension will allow an integral participation of the interested parties and consultations with respect to the implementation frame They were financed through the integral import supervision scheme (CISS) of 1 percent. This presents an opportunity to review our income framework in an integral way.

“Under the previous financing agreement repealed by the NCSA 2023, separating the CISS of 1 percent and the cost of 7 percent of the collection created operational inefficiencies and financing gaps in the customs modernization efforts.

“The new law addresses these challenges by consolidating” no less than 4 percent of the free value of imports “, designed to guarantee sustainable funds for critical customs operations and modernization initiatives.

“This transition period will allow the service to optimize the management of these frameworks to better serve our interested parties and the interests of the nation.

“The act further empowers the service to modernize its operations through various technological innovations. Specifically, section 28 of the NCSA 2023 authorizes the development and maintenance of electronic systems for the exchange of information between the service, other government agencies and merchants.

“The service is already implementing several digital solutions, including the B'odogwu authorization system recently implemented, from which interested parties benefit through faster authorization times and greater transparency.

“Other innovative solutions authorized by law include; Single Window Implementation (Section 33), Risk Management Systems (Section 32), Non -Intrusive Inspection Equipment (Section 59) and Electronic Data Exchange Facilities (Section 33 (3)).

“The suspension period will allow the service to be even more involved with interested parties while guaranteeing adequate alignment with the provisions of the law for sustainable financing of these modernization initiatives.

“The NCS remains committed to implementing the provisions of the law in a way that best serves our interested parties while fulfilling our revenue generation and commercial facilitation mandate.

“We will communicate the implementation timeline reviewed after the conclusion of the questions of the interested parties.”

Remember that Webb Fontaine was the manager of the Customs Digital Platform responsible for the provision of IT infrastructure and telecommunications. This covers the delivery of the customs management system throughout the country through the Integrated Customs System of Nigeria (Nicis II).

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