Friday, January 15, 2010

Post-Export Documentations (Exchange Control Documentations) In Nigeria

Upon shipment of the goods, the following documents (called exchange control documents) are required by CBN to be submitted to the bank;
  1. NXP form duly endorsed and stamped by the Nigeria Customs Service.
  2. Receipt of payment for Nigeria Export Supervision Scheme (NESS) fees i.e naira equivalent of 0.5% of the FOB value of the shipment. This can be done in designated commercial Banks  in Nigeria.
  3. Single good declaration (SGD) form issued by the Nigeria Customs Service
  4. Clean Certificate of Inspection (CCI) issued by Cobalt International Services Limited
Other documents include copies of :
  1. Bill of lading
  2. Invoice
  3. Packing list

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