NECA rejects new 4% customs levy, warns of economic devastation

Tribune Online
NECA rejects new 4% customs levy, warns of economic devastation

The Nigeria Employers’ Consultative Association (NECA) has strongly opposed the recently introduced 4% Customs Administration Charge on the Free on Board (FOB) value by the Nigeria Customs Service (NCS), describing it as an insensitive and ill-timed policy that will exacerbate economic hardships for Nigerians. In a strongly worded statement, NECA’s Director-General, Mr. Adewale-Smatt Oyerinde, decried […]

NECA rejects new 4% customs levy, warns of economic devastation
Tribune Online