Vanguard reports Nigeria is set to dump the FOB (Free On Board) method of importing goods into the country for the CIF (Cost, Insurance and Freight) method. The difference is that the FOB method involves the buyer being responsible for payment of insurance of the goods that is being shipped as well as the actual shipping of the goods. The CIF method is the reverse as the seller is responsible for the insurance of the goods being shipped and who ships. As the excerpt from the article here opines, no date yet has been fixed for this.