Close Menu
Fishe News
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Facebook X (Twitter) Instagram
Trending
  • “ADC Schedules National Convention For April 14th”
  • President Tinubu Commits To Reviewing Media Tariffs, Advocates For Collaboration In National Development
  • Editorial: Henry Onyemanze Nwosu: The Man Beyond The Legend (1963–2026)
  • Lagos State Reintroduces Monthly Environmental Sanitation Programme
  • Chevron Appoints Emmanuelle Garinet, To Lead Exploration In Sub-Saharan Africa And The Americas
  • The Six Focal Dimensions Of Leadership: A Holistic Framework For Personal Mastery, Organisational Excellence, And National Resilience — Tolulope A. Adegoke, PhD
  • FBNQuest Secures Appointment As Transaction Advisor For Project BRIDGE
  • Tinubu Inaugurates A Task Force To Formulate Fresh Reforms In Nigeria’s Petroleum Industry
X (Twitter) Instagram
Fishe NewsFishe News
Subscribe
Sunday, March 15
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Fishe Travel
    • Fishe Media
    • Fishe TV
Fishe News
Home»Business

NCMDLCA Seeks Review Of Nigeria Customs Service Act To Curb Rising Port Costs

Adejuyigbe FrancisBy Adejuyigbe FrancisAugust 14, 2025 Business No Comments3 Mins Read
Share Facebook Twitter LinkedIn Email WhatsApp

NCMDLCA Seeks Review Of Nigeria Customs Service Act To Curb Rising Port Costs.

The National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) has urged President Bola Ahmed Tinubu to establish a committee to review the Nigeria Customs Service (NCS) Act 2023, citing concerns over escalating port costs that threaten trade competitiveness. In a letter signed by NCMDLCA National President Lucky Amiwero, the group highlighted the Act’s financial framework, particularly the four per cent Free-on-Board (FOB) import levy and additional charges, as a burden on importers and businesses.

 

The NCMDLCA argued that sections 18, 24, and 44 of the Act, which introduce cost-based user fees, advance ruling fees, and special service charges, contravene international trade facilitation standards, including those set by the World Trade Organisation and the World Customs Organisation. The letter, copied to key government figures including the Senate President and the Minister of Finance, warned that these charges risk inflating port costs, discouraging investment, and undermining Nigeria’s position in regional trade.





 

Drawing a comparison with Ghana’s customs model, the NCMDLCA praised its transparent and cost-efficient approach, where importers pay a capped one per cent inspection fee on the cost, insurance, and freight (CIF) value. Ghana’s system, funded by a share of import duties and value-added tax, ensures accountability and prevents arbitrary cost increases, offering a blueprint for Nigeria to emulate.

 

 

The group also raised concerns about Section 59 (30) of the Act, which shifts the responsibility for maintaining non-intrusive inspection (NII) scanners to terminal and warehouse operators. Without clear guidelines, this could lead to uneven scanner deployment, inspection delays, and further cost hikes, contradicting trade facilitation principles. The NCMDLCA called for an expert committee to align Nigeria’s customs system with global best practices and reduce port costs, which are among the highest in West and Central Africa.

 

The appeal comes amid broader tensions, with the Nigeria Customs Service proposing a 20-fold increase in licensing fees for agents, from N515,000 to N10 million, sparking fears of higher costs trickling down to consumers. Industry voices, including importer Frank Onyebu, warned that such reforms could overburden businesses already grappling with economic challenges.

 

As Nigeria seeks to enhance its trade competitiveness, the NCMDLCA’s push for a review underscores the need for a balanced approach to customs reforms. The group’s call for harmonised regulations and cost reductions reflects a growing demand for policies that support businesses and bolster economic growth.

#Customs #President Tinubu Business Import NCMDLCA Port Price Hike
Share. Facebook Twitter LinkedIn WhatsApp
Adejuyigbe Francis
  • Website

Thought Leader, Idea Bank, Nation Builder.

Keep Reading

“ADC Schedules National Convention For April 14th”

President Tinubu Commits To Reviewing Media Tariffs, Advocates For Collaboration In National Development

Editorial: Henry Onyemanze Nwosu: The Man Beyond The Legend (1963–2026)

Lagos State Reintroduces Monthly Environmental Sanitation Programme

Chevron Appoints Emmanuelle Garinet, To Lead Exploration In Sub-Saharan Africa And The Americas

The Six Focal Dimensions Of Leadership: A Holistic Framework For Personal Mastery, Organisational Excellence, And National Resilience — Tolulope A. Adegoke, PhD

Add A Comment

Comments are closed.

Here is spotlighting many benefits of journeying with either Lagos State’s Blueline or Redline rails for a hassle-free day, week, month and year. Thank God for the Igbega Eko. Together we rise.
https://youtu.be/V67GV8wgyjw

Latest Posts

  • “ADC Schedules National Convention For April 14th”
  • President Tinubu Commits To Reviewing Media Tariffs, Advocates For Collaboration In National Development
  • Editorial: Henry Onyemanze Nwosu: The Man Beyond The Legend (1963–2026)
  • Lagos State Reintroduces Monthly Environmental Sanitation Programme
  • Chevron Appoints Emmanuelle Garinet, To Lead Exploration In Sub-Saharan Africa And The Americas
Featured
About Fishe

FISHE was founded with the goal of helping clients thrive in today’s highly competitive marketing environment. While other companies rush to abandon traditional marketing in favour of digital techniques, we’ve bolstered our offline marketing capabilities while also equipping our team with seasoned professional knowledge to support our clients’ digital needs.

Through creative designs, we enhance our clients’ products and services the right way that would attract their target audience, thus, making the perception of their company a reality.

  • LTV 8, Agidingbi Road, Alausa, Ikeja, Lagos.
  • +234 806 003 7277
  • info@gofishe.com
FISHE, Your Best Plug For Bus Stop Shelter Ad

LATEST POSTS

“ADC Schedules National Convention For April 14th”

March 15, 2026

President Tinubu Commits To Reviewing Media Tariffs, Advocates For Collaboration In National Development

March 15, 2026

Editorial: Henry Onyemanze Nwosu: The Man Beyond The Legend (1963–2026)

March 15, 2026

Lagos State Reintroduces Monthly Environmental Sanitation Programme

March 15, 2026

Chevron Appoints Emmanuelle Garinet, To Lead Exploration In Sub-Saharan Africa And The Americas

March 15, 2026
Featured

Subscribe to Updates

Get the latest news from FISHE about politics, economy, health and business, etc

Facebook X (Twitter) Instagram Pinterest
© 2026

Type above and press Enter to search. Press Esc to cancel.