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Introduction: Importing goods into Nigeria involves navigating a complex web of regulations, documentation, and procedures. One crucial aspect of this process is obtaining a Form M, a mandatory document issued by the Central Bank of Nigeria (CBN) that facilitates the importation of goods. In this comprehensive guide, we will delve into the intricacies of FORM-M, […]
The Custom Clearance procedures described in this document are subject to change as the project advances, with features being added or removed as infrastructure is improved. The first step is for the declarant to prepare an SGD (Single Goods Declaration) using information from relevant documents such as the Final Invoice, CCVO, Bill of Lading/Air Waybill/Road […]
STEP 1. Obtain Tax Identification Number (TIN) The first step in the import process is to decide whether to import goods under your company name or under the name of another company, such as a clearance agency. If you choose to import goods in your own name or under your company name, follow these steps: […]
Customs clearance is the process of clearing goods through customs barriers for import or export. In Nigeria, customs clearance is a complex process that requires a thorough understanding of customs laws, regulations, and procedures. Customs clearance is a two-way procedure that occurs in both the country of origin and destination for every international import or […]
