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Export Guidelines in Nigeria

Export Guidelines in Nigeria

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Published by ernestdio
A presentation on export trade guidelines in Nigeria
A presentation on export trade guidelines in Nigeria

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Published by: ernestdio on May 12, 2010
Copyright:Attribution Non-commercial


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 ©2003 Ernest Dio. All rights reserved.
Export Guidelines
Presented By:Ernest DioInternational Banking
 ©2003 Ernest Dio. All rights reserved.
Export Guidelines
Export prohibition List
All exports must be inspected
Mode of payment: L/C, Bills,Advance payment
Appointed Agent is Cobalt Int’l Services
Inspection Location:
Point of production or storage
Farm gates
Seaports,airports,terminals,other exit points
Form NXP must be completed by Exporter
 ©2003 Ernest Dio. All rights reserved.
Exports Guidelines)
Form NXP must be registered with a Bank 
Documentary Requirements for NXP Form:
Completed NXP in Original & 5 copies
NEPC Registration Certificate
Pro-forma invoice/contract of sale/purchase order
Details of how proceeds are to be repatriated
Processing of NXP Form by the Bank:
Review the submitted documentation
Allocate a 15 digit Ref. Number to the NXP Form(XXX/YYYY/ZZZ/0001
Endorse & stamp section 6 of the NXP Form
The Bank retains Original Endorsed NXP Form
Exporter is given Photocopy of endorsed NXP Form
5 copies are forwarded to the Inspection Agent

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