Nigeria import landed cost calculator

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Import landed cost

A machine’s sticker price is not what it costs you. Duty is charged on the goods plus freight plus insurance, then VAT is charged on top of all of that — so the levies compound. Budget the supplier price and “a bit for shipping” and you will be short at the port.

The purchaseSupplier quotes inPrice from supplier (FOB)

CAD

What the seller quotes, before shipping.Freight to Lagos/Onne

CAD

Sea freight for a crated machine. Air is several times this.Insurance

% of FOB

Usually 1–2%. Customs assumes a figure if you don't insure.

Rate — best case

₦/CAD

Rate — worst case

₦/CAD

Two rates, because the naira is the least stable number here. Use what you will actually be charged, not the CBN rate.

Duties and leviesImport duty

% of CIF

5–35% by HS code. Production machinery often attracts a concessionary rate — confirm the code with your agent.VAT

Charged on CIF plus duties, not on CIF alone.ECOWAS levy

% of CIF

CISS

% of CIF

Getting it out of the portClearing agent & port handling

₦

Agent fee, terminal handling, demurrage if it sits.Inland haulage

₦

Port to your workshop.

Landed cost

₦7,087,947 – ₦7,153,482

59% above the supplier’s price. FX alone moves this by ₦65,535.

Breakdown at ₦1,000/CAD

Goods (FOB)(CAD 4,500): ₦4,500,000
Freight(CAD 900): ₦900,000
Insurance (1.5% of FOB)(CAD 68): ₦67,500
CIF — customs value(CAD 5,468): ₦5,467,500
Import duty (10% of CIF): ₦546,750
ECOWAS levy (0.5% of CIF): ₦27,338
CISS (1% of CIF): ₦54,675
VAT (7.5% of CIF + duties): ₦457,220
Clearing agent & port handling: ₦450,000
Inland haulage: ₦150,000

An estimate, not a quote. Duty depends on the HS code your agent declares, and the naira moves. Treat it as the number to budget against and check before you commit.