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procedures to export from Nigeria
How to export from Nigeria? What are the export registration procedures, export customs process, export cargo movement methods in Nigeria?
This post explains about step by step procedures that need to be finished with Nigeria government authority for exportation from Nigeria.
If you need to export goods or services, a onetime registration procedure is being completed in most of the countries. Such export licence may be obtained from concerned government department if required in Nigeria.
The Business or individuals who wish to export from Nigeria is required to register with the Nigerian Export Promotion Council (NEPC).
An exporter is required to complete and register Form NXP with an Authorized Dealer i.e., any Bank of his choice, in Nigeria. The objectives of completing the Form NXP is to ensure that only those goods that meets with the buyer’s expectation are exported and the NCS will duly certify a copy of the form if it so satisfies. The goods are subjected to inspection, conducted by relevant Government agencies according to the items for export.
The payment that due to the exporter wills credited to the account he maintained with Authorized Dealer after the business is completed.
There are two government agencies vested with the power to grant export licenses in Nigeria. They are: The Nigeria Export Promotion Council (NEPC) which is saddled with the responsibility of issuing out export license for agricultural commodities & manufactured goods and the Federal Ministry of Solid Minerals Development which is responsible for granting licenses for extraction & exportation in Nigeria.
Certain nations require a consular invoice, which is used to control and identify goods.
The Nigeria Customs Service was saddled with the responsibilities of revenue collection, accounting for same and anti smuggling activities under the supervisory oversight of the Nigerian Ministry of Finance. They control the imports and exports activities happening in the country.
The document requirement is depends on the country of origin or destination. The documents may have to be prepared in a particular way to comply with the requirements of the import or export country. The export documents need to be submitted with the customs authorities for the cargo clearance.
Generally in all countries there are three stages of process for export. One time registration procedure to obtain export licence, documentation needed for exportation and Export customs clearance formalities.
Export Registration and Licence procedures
Export Customs procedures
Export documents required
At Waltolye Limited, we can handle all of this processes for you or your organisation while you relax.
You benefit from our experience in delivering effective solutions to the complex global supply chains of some of the world’s biggest corporations.
You benefit from every innovation, whether it involves a simple extension to our Air and Ocean Freight products, whether it means a development in warehousing.
All of which explains why you’ll find the team of outstanding support at Waltolye Limited ready to apply their passion for solutions in support of your business.