Importing goods into Nigeria is about to get more expensive, as the Nigeria Customs Service has imposed a four percent charge on the Free On-Board (FOB) value of imports, a decision that has already raised concerns among businesses struggling with high operating costs.
The FOB charge, which is ca
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Bethel Olujobi
Bethel Olujobi reports on trade and maritime business for BusinessDay with prior experience reporting on migration, labour, and tech. He holds a Bachelor's degree in Mass Communication from the University of Jos, and is certified by the FT, Reuters and Google. Drawing from his experience working with other respected news providers, he presents a nuanced and informed perspective on the complexities of critical matters. He is based in Lagos, Nigeria and occasionally commutes to Abuja.
