The Manufacturers Association of Nigeria (MAN) has raised the alarm the Nigeria Customs Service (NCS) re-introduction ofthe controversial four per cent Free-on-Board (FoB) charge on imports.
Following this re-introduction, MAN has predicted dooms day ahead for goods clearance at the nation’s ports, affirming that it would lead to a significant increase in the cost of raw materials, machine and spare parts that are not available locally and have to be imported.
Equally, MAN said that the prolonged glitch with the B’Odogwu platform of the Nigeria Customs Service (NCS) had negatively impacted the process of clearing goods at the ports with members of the association now incurring demurrage and suffering stock-out in their factories.. . Continue..Reading. .
𝗙𝗼𝗹𝗹𝗼𝘄 𝗢𝘂𝗿 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗖𝗵𝗮𝗻𝗻𝗲𝗹 𝗧𝗼 𝗚𝗲𝘁 𝗟𝗮𝘁𝗲𝘀𝘁 𝗡𝗲𝘄𝘀 𝗔𝘀 𝗜𝘁'𝘀 𝗗𝗿𝗼𝗽!
