Nigerian forwarders to tax imports
07 / 12 / 2010
NIGERIA’S freight forwarding associations have decided to charge a new import fee on all cargo entering the country.
Five associations, including the National Association of Air Freight Forwarders and Consolidators (NAFFAC), agreed to collect a cargo clearance due (CCD) on all imported consignments at Nigerian airports, sea ports and land border stations, to fund the associations’ operations. Estimates suggest the annual monies raised will be over ?10 billion (US$66 million).
According to the associations, the money will be used to set up two ‘monitoring and compliance organisations’ tasked with tackling corruption of security agencies at the cargo points of entry.