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FOB CHARGE ON IMPORTS

Economy

Nigerian manufacturers to shift 4% import levy costs to consumers, warn of higher inflation

The Manufacturers Association of Nigeria (MAN) has warned that Nigerians may soon face higher prices for goods following the Federal Government’s decision to reintroduce a 4% Free-on-Board (FOB) charge on imports.

Samson Akintaro · Aug 26, 2025 3 min