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;...

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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
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Abstract 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.
AbstractList 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.
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Snippet All exports are subject to pre-shipment inspection under the Nigerian Export Supervision Scheme (NESS), mainly to ensure that exporters repatriate the correct...
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Legislation
Regulation
Trade regulations
Title Nigeria: Trade regulations
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