In a continuous drive to keep stakeholders informed on emerging customs policies, the Customs Area Controller of Tincan Island Port Command, Comptroller Frank Onyeka, has engaged a broad spectrum of industry players, including importers, Customs brokers, and shipping agents.

The engagement focused on sensitizing them about the 4% Free on Board (FOB) levy and the newly introduced Unified Customs Management System, B’Odogwu.

The interactive sessions, held on February 6 and 7, 2025, provided a platform for discussions between public and private sector experts.

Comptroller Onyeka emphasized that these reforms aim to enhance operational efficiency, improve trade transparency, and align Nigeria’s Customs processes with international best practices.

Breakdown of the 4% FOB Levy

Highlighting the significance of the 4% FOB levy, Onyeka explained that it applies to the value of imported goods at the point of entry.

“The 4% FOB levy is provided for in Section 18 of the Nigeria Customs Service Act 2023.

It is expected to boost our operational efficiency in line with global standards,” he stated.

Introduction of B’Odogwu Clearance System

He further elaborated on the B’Odogwu Clearance System, a digital platform designed to modernize the customs clearance process.

This initiative, he noted, will reduce bottlenecks and enhance compliance when launched in the Command.

“The introduction of B’Odogwu is a step towards a smarter, faster, and more transparent customs process. The system will be launched soon, ensuring seamless cargo clearance,” Onyeka affirmed.

Revenue Performance: N116 Billion Collected in January

Providing an update on revenue collection, Comptroller Onyeka announced that in January 2025, the Tincan Island Port Command generated N116,412,735,766.23—a 24.06% increase compared to the N88.4 billion collected in January 2024.

“This revenue growth is a testament to our commitment to efficient trade facilitation and compliance enforcement.

With the right measures in place, we are on track to exceed our annual revenue target of N1.52 trillion,” he assured.

Commitment to Trade Facilitation

Comptroller Onyeka reassured stakeholders that ongoing reforms at the Command would foster a more trade-friendly environment.

“The era of multiple alerts is over. We emphasize honest declarations and thorough examinations to ensure smooth operations,” he stated.

He reiterated his commitment to continuous stakeholder engagement, ensuring that consultations remain a priority for policy implementation.

“Through constant collaboration and feedback, we aim to address concerns, foster a better understanding of the processes, and ultimately ensure smooth implementation of these policies,” Onyeka emphasized.

The directive from Comptroller General of Customs, Bashir Adewale Adeniyi, to engage stakeholders highlights the Nigeria Customs Service’s commitment to transparency and trade facilitation in the evolving global trade landscape.