Manufacturers Oppose Reintroduced 4% FOB Charge
The Manufacturers Association of Nigeria (MAN) has strongly opposed the Nigeria Customs Service’s reintroduction of the 4% Free on Board (FOB) charge, effective August 4. MAN’s Director-General, Segun Ajayi-Kadri, stated in Lagos that this move contradicts the government’s earlier suspension of the charge and raises concerns over increased costs for importing raw materials, machinery, and…
