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7/24/2019 Importation Procedure in Nigeria
1/1
IMPORTATION PROCEDURE IN NIGERIA
a) Registration as an Importer
Any company, organization and indiid!a" t#at intends to import goods into t#e co!ntry m!st $e registered as an importer
%it# t#e &edera" In"and Reen!e 'erice (&IR')i) T#e app"icant m!st o$tain a Ta* Identi+ication N!m$er(TIN) +rom t#e &edera" In"and Reen!e 'erices (&IR')ii) T#e app"icant %i"" +i"e an app"ication to t#e &IR' stating t#eir name, TIN, emai" address and p#one n!m$eriii) &IR' %i"" register t#e app"icant (TIN registration)i) T#e app"icant a"idate t#eir TIN and get a mai" con+irming t#eir !ser name and pass%ord to access t#e On"ine 'ing"e
indo% +or Trade (%%%tradegong)
$) Proced!re in Nigeria t#at &OP' adoptsi) Pre '#ipment 'tage
(-) e.&orm M approa" (Dec"aration o+ Intention to import goods into Nigeria)(a) T#e app"icants (Importer) +i""s e.+orm M stating /a"id +or &ore*0Not a"id +or &ore* on "ine
ia %%%tradegongand attac# a"" re"eant doc!ment1(i) Pro+orma inoice (state payment mode as eit#er 2etter o+ Credit, 3i""s +or Co""ection or Te"egrap#ic
Trans+er)(ii) Certi+icate o+ Ins!rance (Ins!red /a"!e in naira m!st $e at --45 o+ t#e P&I a"!e)(iii) Reg!"atory doc!ments eg 'ONCAP Prod!ct certi+icate and NA&DAC certi+icate
($) T#e app"icants s!$mit t#e e.+orm M +or +!rt#er approa" $y t#e $an6 and t#e Nigerian C!stoms 'erices (NC'(c) T#e $an6s approes t#e e.+orm M and +or%ard t#e app"ication to NC' +or acceptance0registration
(d) '#ipment cannot $e carried o!t !nti" t#e &orm m is registered0accepted $y NC'
Cost Associated
Form M processing fee :=N=5,000.00
CBN recovery fees for utiising t!e "rade patform: =N=#,500.00
i i) '#ipment 'tage(-) 2etters o+ Credit
(a) T#e app"icant0importer +or%ard "etters o+ credit app"ication to t#e $an6($) T#e $an6 iss!es a "etter o+ credit on $e#a"+ o+ t#e app"icant and adise t#e credit to t#e $ene+iciary t#ro!g# an
adising $an6 (s!pp"iers $an6)(7) T#e s!pp"ier reie% t#e "etter o+ credit and commence s#ipment o+ goods(8) T#e s!pp"ier send s#ipping doc!ment to t#eir $an6 +or negotiation(9) T#e s#ipping doc!ment inc"!des t#e +o""o%ing
(a) 3i"" o+ 2ading0Air%ay 3i""($) Com$ined Certi+icate o+ /a"!e and Origin CC/O on +orm C-:(c) &ina" Inoice(d) Pac6ing 2ist(e) 'ONCAP certi+icate
(;) T#e s!pp"iers $an6 c#ec6 +or comp"iance and +or%ard doc!ment to t#e importers $an6(:) T#e importer) T#e importer