Nigeria: Trade regulations

All exports are subject to pre-shipment inspection under the Nigerian Export Supervision Scheme (NESS), mainly to ensure that exporters repatriate the correct foreign-exchange earnings. The exporter must complete a Nigeria Export Proceeds (NXP) form in sextuplicate at least ten days prior to export;...

Full description

Saved in:
Bibliographic Details
Published inEIU ViewsWire
Format Newspaper Article
LanguageEnglish
Published New York The Economist Intelligence Unit N.A., Incorporated 08.09.2003
Subjects
International trade
Legislation
Regulation
Trade regulations
Nigeria
Online AccessGet full text

Cover

More Information
Summary:All exports are subject to pre-shipment inspection under the Nigerian Export Supervision Scheme (NESS), mainly to ensure that exporters repatriate the correct foreign-exchange earnings. The exporter must complete a Nigeria Export Proceeds (NXP) form in sextuplicate at least ten days prior to export; the forms must be deposited with the exporter's bank for registration, from which four copies are sent to the inspection agent.