Nigerian manufacturers to shift 4% import levy costs to consumers, warn of higher inflation
The Manufacturers Association of Nigeria (MAN) has warned that consumers may soon face higher prices for goods as Nigerian manufacturers plan to shift the 4% import levy costs imposed by the Federal Government onto consumers. The policy, which went into effect on August 4, 2025, is expected to worsen the operating environment for manufacturers, leading to increased production costs and fueling inflation.
MAN criticized the Nigeria Customs Service (NCS) for introducing the new charge without adequate engagement with stakeholders, causing uncertainty in the sector. The NCS, however, defended the move, stating that the unified 4% FOB charge will replace multiple levies and eliminate the existing Comprehensive Import Supervision Scheme (CISS) costs.
Importers will now be required to pay the 4% charge upfront, with no additional levies applied.
Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.
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