FG reduces documentation bottlenecks for import, export

As part of efforts towards fulfilling the ease of doing business agenda, the Federal Government, through the Presidential Enabling Business Environment Council (PEBEC), has approved the reduction of documentation procedures of imports and exports in Nigerian ports.

The recent development was made known by the Deputy Comptroller of Customs and Desk Officer in charge of Ease of Doing Business, Anthony Ayalogu.

Read also: Nigeria’s non-oil export trade suffers 60% decline

Ayalogu clarified that documentation of imports had reduced from 14 to eight stages, while export documentation had reduced from 10 to seven. Listing amongst a few; Cargo Release Order, Manufacturers’ Certificate of Production, Payment Receipt of Customs Fee; have all been removed from documentation.

But the new imports and exports procedures now include; palletising all containerised consignments coming into Nigeria for easy clearance.

Meanwhile, Customs officers and stakeholders have been urged to continue to display transparency in cargo clearance processes.

With this latest development, Nigeria’s ranking in the World Bank’s Doing Business Index in 2018 is expected to improve.

By Akin Obakeye

 

 

 

RipplesNigeria ….without borders, without fears

Click here to download the Ripples Nigeria App for latest updates

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now