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“EXPORT PROCEDURES AND DOCUMENTATION IN NIGERIA”
A PRESENTATION BY
OLUSEGUN AWOLOWO
EXECUTIVE DIRECTOR/CEO,
NIGERIAN EXPORT PROMOTION COUNCIL
AT THE
“2nd NIGERIA NON-OIL EXPORTABLE PRODUCTS TRADE FAIR”
AT NICON LUXURY HOTEL, ABUJA
ON 10th JUNE 2016
Introduction
Presentation Outline:
 Introduction
 NEPC: VISION, MISSION & STRATEGY
 Statutory Functions
 What is Export?
 Why Non-Oil Export?
 Benefits of Export
 Export Procedures
 Export Documentation
 Concluding remarks
Understanding is Export Trade
INTRODUCTION:
The Nigerian Export Promotion Council
(NEPC) is the apex agency of the Federal
Government solely responsible for the
promotion of non-oil exports. It was
established by Decree 26 of 1976 with
subsequent amendments in 1986 and 1992
to perform certain key functions to diversify
and boost the national economy.
NEPC : Vision, Mission and Strategy
• VISION: To Promote Non-Oil Exports as the
KEY DRIVER 0f the Nigerian Economy.
• MISSION: To Position the Export Market as
the Growth Opportunity of Choice for Private
Sector Earnings and Sustainable Economic
Development.
• STRATEGY: Diversify the Productive Base of
the Economy away from Oil and Foster Market
-Oriented, Private Sector-driven Economy.
NEPC: Statutory Functions
 Promote the development and diversification
of Nigeria’s export trade;
 Promote Human Capital Development in the
Non-Oil Export Sector;
 Assist in promoting the development of export
related industries in Nigeria;
 Spearhead the creation of appropriate export
incentives and;
 Articulate and promote the implementation of
export policies and programmes of the Federal
Government.
Understanding is Export Trade cont’
What is Export?
 Export is the provision of goods, services and knowledge
across national and international boundaries.
 It is a type of business that involves the selling in a foreign
market
 It is a very highly competitive and highly knowledge-based
business
 Export is dynamic and requires regular update of information
about products, market trends & trade regulations
 There are Rules and Regulations to comply with in the
exporting and importing countries
 Nigeria offers a wide range of goods and services to the
international market, which includes agricultural, semi-
processed, manufactured and various kinds of services .
Why Non-Oil Export?
The dominance of oil as Nigeria’s main revenue earner
has drastically changed. Hence, the urgent need to:
• increase economic activities and grow the GDP
• promote value addition of key agricultural products
• create jobs for our unemployed youths
• increase Capital Investment (increase in fixed assets)
• increase specialization, standards and competitiveness
• increase foreign exchange earnings
Some Benefits of Export:
• Generation of foreign exchange
• Promotion of Made-in-Nigeria products
• Access share of the global market
• Contribute positively to the Nation’s Economy
• Generate employment/Create jobs especially along value chains
• Economic inclusion and empowerment especially for women & youths
• Expansion of business
• Ability to compete favourably in the global market
• Reduction in dependency
• Increased specialization in production, trade and services
• Increased efficiency and productivity
• Increased competitive advantage
• Highly skilled and productive staff
• Adapt technology and best practice techniques faster
• Project the perception and image of Nigeria
Export Procedures in Nigeria:
 Register Limited Liability Company with Corporate Affairs
Commission (CAC)
 Obtain the Nigerian Export Promotion Council (NEPC) Exporter’s
Registration Certificate
 Open a domiciliary account with any bank in Nigeria
 Bank to issue Exporter with Nigerian Exports Proceeds Form (NXP
Form) in sextuplicate (7copies) for completion in respect of each
export transaction
 Exporter to ensure export proceeds are repatriated and credited to
domiciliary account within 300 days from the date of export
 NXP Form to be utilized within six (6) months from the date of
registration, subject to renewal for three (3) months by the dealing
bank. Subsequent renewals to be approved by the Director, Trade
and Exchange Department, Central Bank of Nigeria, otherwise it
must be returned to the exporter’s bankers for cancellation
Export Procedures cont’d
 All Non-Oil exports are subject to inspection by Inspection Agents
appointed for that purpose by Government
- Cobalt International Services Ltd, Northern Zone
- Carmine Assayer Ltd, South West Zone
- Neroli Technologies Ltd, South East & South South Zones
 The Inspection Agents shall inspect the quality, quantity and true value of
the goods and issue a Clean Certificate of Inspection (CCI)
 Exporter required to pay to a designated bank , the Nigerian Export
Supervision Scheme (NESS) Administrative charge of 0.5% of FOB value of
the intended non-oil exports. The designated bank shall remit this to the
NESS fee account in the Central Bank of Nigeria
 Exporter to submit the Single Goods Declaration (SGD) form to the Nigeria
Customs Service
 Where exports involve processed food, drugs, animals or plants, the
relevant Government Agencies to be invited for certification
Export Procedures: Practical Steps
i. Get your products ready
ii. Identify a buyer & negotiate contract
iii. Commence bank transaction activities (open domiciliary
account, obtain NXP, etc.)
iv. Identify carrier
v. Process and obtain all necessary Certifications
vi. Commence Packaging/Packing
vii. Move goods to port of shipment for Customs inspection
viii. Commence loading of goods
ix. Eventual shipment
x. Repatriate proceeds
Export Documentation in
Nigeria:
 Documentation is the process of gathering,
completing and putting together of all
relevant documents in respect of export
transaction
 Different documents are required in
handling export consignments. They vary
depending on the type of product and export
destination
Types of Export Documents/Permits/Certificates:
A. Exporter’s Registration Certificate
B. Commercial Documents
i. Pro- forma Invoice – required by importer to obtain import licence
or currency permits
ii. Final /Commercial Invoice - prepared by exporter in the name of
importer or his agent for the purpose of assessing duties by the importing country
Customs
iii. Consular Invoice – official form from the Consulate of the
importing country to check or validate invoices
iv. Certified Invoice - required for independent verification
v. Packing List – supplements the Commercial Invoice
Types of Export Documents cont’d
C. Quality/Health Documents
i. Certificate of Quality & Fumigation:
• Certificate of Quality, Fumigation and Weight from Federal Produce Inspection Service (FPIS) for Primary
Agricultural Commodities
• Product Quality Certificate from Standards Organisation of Nigeria (SON) for Manufactured Products
ii. NAFDAC Certificate - Certificate of Quality from NAFDAC for Foods and Drugs
iii. Phyto-Sanitary Certificate – required from National Plant Quarantine Service
(NPQS) for export of Fresh Fruits, Vegetables, Flowers, Plants and Plant Products
iv. Clean Certificate of Inspection(CCI) – issued by a Government designated
pre-shipment inspection agent
- Certificate of Quality from any other inspection agency nominated by the importer
v. Certificate of Analysis and Quality – required for processed commodities and mineral products
vi. Certificate of Age – normally required for spirits
Types of Export Documents cont’d
D. Shipping Documents
i. Billing of Lading
ii. Airway Bill/Roadway Bill
iii. Single Goods Declaration (SGD) form
E. Financial Documents
• i. Nigeria Export Proceeds Form (NXP) from CBN, Commercial Banks
• ii. Certificate of Insurance for Cost Insurance & Freight (CIF)
• iii. Letter of Credit
• iv. Certificate of Commercial Export
Letters of Clearance/Permits:
• Export Permit from Department of Forestry,
Federal Ministry of Agriculture for “Endangered
Wild Life Species”, Wood & Wood Products
• Export Permit/Form J from Ministry of Mines &
Solid Minerals for Mineral Products
• Letter of Clearance from Department of
Veterinary Health Services for export of
Animals/Animal Products & Pets
• Certificate of Clearance from National Museums
& Monuments for export of Handicrafts &
Artifacts
F. Tariff Concession Documents
• Generalised System of Preference (GSP) – Nigeria Customs
Service
• Exports to USA under AGOA – AGOA Certificate of Origin
• Exports within ECOWAS under ETLS — ECOWAS Certificate of
Origin
• Exports to the UK from Commonwealth Member States – The
Commonwealth Stand-Still Preference Certificate of Origin
and Consignment
• Certificate of Origin – NACCIMA
• Certificate of Commodity Export – Federal Ministry of Industry,
Trade & Investment
Note the Following:
- It is very important to note that all the documents
mentioned in this presentation ARE NOT necessarily required
for all exports. Only a few are generally required.
- Others are to be used in conformity with the preferential
treatment, or for health or sanitary legislative requirements.
- It is therefore, imperative that an exporter knows the
trade conditions of his products, masters the export
procedures and the proper use of documents and
accompanying certificates depending on their products
- It is also advisable for an exporter to be aware of the
required documentation and the import regulations in his
buyers country
- The exporter can also engage the services of a forwarding
agent who is knowledgeable for a proper documentation
Concluding Remarks:
You are all hereby encouraged to invest and engage in
Non-Oil Export for it is a worthwhile and rewarding
venture.
No better time to diversify the Nigerian economy
than now; let’s seize on the opportunity!
The NEPC is urging you all distinguished participants
to join hands with the Council to grow our Nation’s
Economy. Consider export business from now on as it
does not only earn you hard currency, but you will also be
contributing to the economic of our great country.
info@nepc.gov.ng
ceo@nepc.gov.ng
Welcome to the World of
Non-Oil Exports!!!

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Export Procedures and Documentation in Nigeria

  • 1. “EXPORT PROCEDURES AND DOCUMENTATION IN NIGERIA” A PRESENTATION BY OLUSEGUN AWOLOWO EXECUTIVE DIRECTOR/CEO, NIGERIAN EXPORT PROMOTION COUNCIL AT THE “2nd NIGERIA NON-OIL EXPORTABLE PRODUCTS TRADE FAIR” AT NICON LUXURY HOTEL, ABUJA ON 10th JUNE 2016
  • 2. Introduction Presentation Outline:  Introduction  NEPC: VISION, MISSION & STRATEGY  Statutory Functions  What is Export?  Why Non-Oil Export?  Benefits of Export  Export Procedures  Export Documentation  Concluding remarks
  • 3. Understanding is Export Trade INTRODUCTION: The Nigerian Export Promotion Council (NEPC) is the apex agency of the Federal Government solely responsible for the promotion of non-oil exports. It was established by Decree 26 of 1976 with subsequent amendments in 1986 and 1992 to perform certain key functions to diversify and boost the national economy.
  • 4. NEPC : Vision, Mission and Strategy • VISION: To Promote Non-Oil Exports as the KEY DRIVER 0f the Nigerian Economy. • MISSION: To Position the Export Market as the Growth Opportunity of Choice for Private Sector Earnings and Sustainable Economic Development. • STRATEGY: Diversify the Productive Base of the Economy away from Oil and Foster Market -Oriented, Private Sector-driven Economy.
  • 5. NEPC: Statutory Functions  Promote the development and diversification of Nigeria’s export trade;  Promote Human Capital Development in the Non-Oil Export Sector;  Assist in promoting the development of export related industries in Nigeria;  Spearhead the creation of appropriate export incentives and;  Articulate and promote the implementation of export policies and programmes of the Federal Government.
  • 6. Understanding is Export Trade cont’ What is Export?  Export is the provision of goods, services and knowledge across national and international boundaries.  It is a type of business that involves the selling in a foreign market  It is a very highly competitive and highly knowledge-based business  Export is dynamic and requires regular update of information about products, market trends & trade regulations  There are Rules and Regulations to comply with in the exporting and importing countries  Nigeria offers a wide range of goods and services to the international market, which includes agricultural, semi- processed, manufactured and various kinds of services .
  • 7. Why Non-Oil Export? The dominance of oil as Nigeria’s main revenue earner has drastically changed. Hence, the urgent need to: • increase economic activities and grow the GDP • promote value addition of key agricultural products • create jobs for our unemployed youths • increase Capital Investment (increase in fixed assets) • increase specialization, standards and competitiveness • increase foreign exchange earnings
  • 8. Some Benefits of Export: • Generation of foreign exchange • Promotion of Made-in-Nigeria products • Access share of the global market • Contribute positively to the Nation’s Economy • Generate employment/Create jobs especially along value chains • Economic inclusion and empowerment especially for women & youths • Expansion of business • Ability to compete favourably in the global market • Reduction in dependency • Increased specialization in production, trade and services • Increased efficiency and productivity • Increased competitive advantage • Highly skilled and productive staff • Adapt technology and best practice techniques faster • Project the perception and image of Nigeria
  • 9. Export Procedures in Nigeria:  Register Limited Liability Company with Corporate Affairs Commission (CAC)  Obtain the Nigerian Export Promotion Council (NEPC) Exporter’s Registration Certificate  Open a domiciliary account with any bank in Nigeria  Bank to issue Exporter with Nigerian Exports Proceeds Form (NXP Form) in sextuplicate (7copies) for completion in respect of each export transaction  Exporter to ensure export proceeds are repatriated and credited to domiciliary account within 300 days from the date of export  NXP Form to be utilized within six (6) months from the date of registration, subject to renewal for three (3) months by the dealing bank. Subsequent renewals to be approved by the Director, Trade and Exchange Department, Central Bank of Nigeria, otherwise it must be returned to the exporter’s bankers for cancellation
  • 10. Export Procedures cont’d  All Non-Oil exports are subject to inspection by Inspection Agents appointed for that purpose by Government - Cobalt International Services Ltd, Northern Zone - Carmine Assayer Ltd, South West Zone - Neroli Technologies Ltd, South East & South South Zones  The Inspection Agents shall inspect the quality, quantity and true value of the goods and issue a Clean Certificate of Inspection (CCI)  Exporter required to pay to a designated bank , the Nigerian Export Supervision Scheme (NESS) Administrative charge of 0.5% of FOB value of the intended non-oil exports. The designated bank shall remit this to the NESS fee account in the Central Bank of Nigeria  Exporter to submit the Single Goods Declaration (SGD) form to the Nigeria Customs Service  Where exports involve processed food, drugs, animals or plants, the relevant Government Agencies to be invited for certification
  • 11. Export Procedures: Practical Steps i. Get your products ready ii. Identify a buyer & negotiate contract iii. Commence bank transaction activities (open domiciliary account, obtain NXP, etc.) iv. Identify carrier v. Process and obtain all necessary Certifications vi. Commence Packaging/Packing vii. Move goods to port of shipment for Customs inspection viii. Commence loading of goods ix. Eventual shipment x. Repatriate proceeds
  • 12. Export Documentation in Nigeria:  Documentation is the process of gathering, completing and putting together of all relevant documents in respect of export transaction  Different documents are required in handling export consignments. They vary depending on the type of product and export destination
  • 13. Types of Export Documents/Permits/Certificates: A. Exporter’s Registration Certificate B. Commercial Documents i. Pro- forma Invoice – required by importer to obtain import licence or currency permits ii. Final /Commercial Invoice - prepared by exporter in the name of importer or his agent for the purpose of assessing duties by the importing country Customs iii. Consular Invoice – official form from the Consulate of the importing country to check or validate invoices iv. Certified Invoice - required for independent verification v. Packing List – supplements the Commercial Invoice
  • 14. Types of Export Documents cont’d C. Quality/Health Documents i. Certificate of Quality & Fumigation: • Certificate of Quality, Fumigation and Weight from Federal Produce Inspection Service (FPIS) for Primary Agricultural Commodities • Product Quality Certificate from Standards Organisation of Nigeria (SON) for Manufactured Products ii. NAFDAC Certificate - Certificate of Quality from NAFDAC for Foods and Drugs iii. Phyto-Sanitary Certificate – required from National Plant Quarantine Service (NPQS) for export of Fresh Fruits, Vegetables, Flowers, Plants and Plant Products iv. Clean Certificate of Inspection(CCI) – issued by a Government designated pre-shipment inspection agent - Certificate of Quality from any other inspection agency nominated by the importer v. Certificate of Analysis and Quality – required for processed commodities and mineral products vi. Certificate of Age – normally required for spirits
  • 15. Types of Export Documents cont’d D. Shipping Documents i. Billing of Lading ii. Airway Bill/Roadway Bill iii. Single Goods Declaration (SGD) form E. Financial Documents • i. Nigeria Export Proceeds Form (NXP) from CBN, Commercial Banks • ii. Certificate of Insurance for Cost Insurance & Freight (CIF) • iii. Letter of Credit • iv. Certificate of Commercial Export
  • 16. Letters of Clearance/Permits: • Export Permit from Department of Forestry, Federal Ministry of Agriculture for “Endangered Wild Life Species”, Wood & Wood Products • Export Permit/Form J from Ministry of Mines & Solid Minerals for Mineral Products • Letter of Clearance from Department of Veterinary Health Services for export of Animals/Animal Products & Pets • Certificate of Clearance from National Museums & Monuments for export of Handicrafts & Artifacts
  • 17. F. Tariff Concession Documents • Generalised System of Preference (GSP) – Nigeria Customs Service • Exports to USA under AGOA – AGOA Certificate of Origin • Exports within ECOWAS under ETLS — ECOWAS Certificate of Origin • Exports to the UK from Commonwealth Member States – The Commonwealth Stand-Still Preference Certificate of Origin and Consignment • Certificate of Origin – NACCIMA • Certificate of Commodity Export – Federal Ministry of Industry, Trade & Investment
  • 18. Note the Following: - It is very important to note that all the documents mentioned in this presentation ARE NOT necessarily required for all exports. Only a few are generally required. - Others are to be used in conformity with the preferential treatment, or for health or sanitary legislative requirements. - It is therefore, imperative that an exporter knows the trade conditions of his products, masters the export procedures and the proper use of documents and accompanying certificates depending on their products - It is also advisable for an exporter to be aware of the required documentation and the import regulations in his buyers country - The exporter can also engage the services of a forwarding agent who is knowledgeable for a proper documentation
  • 19. Concluding Remarks: You are all hereby encouraged to invest and engage in Non-Oil Export for it is a worthwhile and rewarding venture. No better time to diversify the Nigerian economy than now; let’s seize on the opportunity! The NEPC is urging you all distinguished participants to join hands with the Council to grow our Nation’s Economy. Consider export business from now on as it does not only earn you hard currency, but you will also be contributing to the economic of our great country.
  • 21. Welcome to the World of Non-Oil Exports!!!