Manufacturers Warn 4% FOB Import Levy Will Push Up Prices
The Manufacturers Association of Nigeria (MAN) has raised the alarm over the reintroduction of a 4% Free-on-Board (FOB) import levy, which it says will raise production costs and inevitably be passed on to consumers—exacerbating already high inflation, which stood at 21.88% as of July 2025 .
Economic Strain From Rising Costs
MAN warns that the levy will inflate the cost of raw materials—especially those unavailable locally—pushing import costs beyond the ₦6.6 trillion threshold recorded in 2024 . Manufacturers are already under strain from a weak naira (over ₦1,540/USD), soaring energy bills (over ₦1.1 trillion), and 35%+ interest rates .
Regional Competitiveness at Risk
The association highlighted that peer countries like Ghana, Côte d’Ivoire, and Senegal charge just 0.5%–1% FOB for inspection or collection fees, reserving higher rates for luxury goods. In contrast, Nigeria’s uniform 4% rate may drive exporters to neighboring ports, boost informal sourcing, and encourage under-declaration .
Customs Platform Glitches Worsen Outlook
Compounding the issue, persistent glitches on the B’Odogwu platform are slowing cargo clearance, causing demurrage and stock-outs . In response, MAN is calling for a suspension of the levy until December 31, 2025, to allow for stakeholder consultations and a comprehensive impact study. Meanwhile, they recommend reverting to the interim 1% CISS + 7% collection fee structure .
The debate around the 4% import levy shows how government policies directly affect not only manufacturers but also the wider supply chain—from importers to consumers. As costs rise, efficiency in clearing goods and cargos in Nigeria becomes even more critical. Businesses that rely on importation of goods , will need reliable freight forwarding partners to help reduce delays, avoid unnecessary demurrage, and keep trade competitive.
At Clearcargonigeria, we provide practical solutions for importers and exporters seeking clarity on customs clearance in Nigeria, how to manage shipping quotations, or connect with top clearing and forwarding agents. Visit our Quick-Quote or FAQs page to get tailored guidance and ensure your goods move seamlessly, despite changing policies.
