Export for beginners
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Introduction
An exporter is someone who sells goods or services in a foreign market in order to make profit. Exporters can be classified into the following categories:
Export Merchant: An exporter who buys goods or products for export from manufacturers and producers within the country.
Manufacturing Exporter: A company which apart from manufacturing certain products is also exporting the product.
Getting started
Registration with NEPC
The firm which wishes to export has to be registered either as a corporate body or a co-operative society with the Nigerian Export Promotion Council. The NEPC is the Federal Agency charged with the responsibility of promoting export of made-in-Nigeria goods. NEPC is also responsible for the registration of new entrants into the exporting business. The relevant application forms which can be obtained at zonal offices is to be duly completed and returned to NEPC offices accompanied with the following documents:
Registration takes approximately two weeks after submission of all required documents. The exporter is then issued with a certificate inscribed with a code number. Renewal of registration with NEPC as an exporter is compulsory every two years. It can be done by submitting the following documents:
Regulated goods to be exported out of the country also have to be duly registered by the National Agency for Drug Administration and Control (NAFDAC) and the Standards Organisation of Nigeria (S.O.N). In order to register a regulated product at NAFDAC, the prospective exporter writes to the Director General of NAFDAC, an application accompanied with the stipulated fees per consignment of intended export attaching the following documents:
The following details of the goods should also be provided:
The Agency issues an export certificate if:
Exporters of regulated products also have to contact the nearest Standards Organisation of Nigeria (S.O.N) office and submit the following documents:
A product which falls into more than one regulated category will need an application for each category. A product certificate is then issued which has a validity of three years from the date of issue. A list of regulated products can be obtained from the S.O.N website.
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