How To Obtain An Export License In Nigeria - West Entrepreneur Forum

West Entrepreneur Forum

Welcome, Guest: Join West Entrepreneur Forum / Login / Trending / Recent / New
Stats: 258 members, 375 topics. Date: Tuesday 17th October 2017 at 06:50am

How To Obtain An Export License In Nigeria - Registration/Licencing - West Entrepreneur Forum

West Entrepreneur Forum / General Updates / Registration/Licencing / How To Obtain An Export License In Nigeria (376 Views)

How To Start Lucrative Import/export Business / How To Start A Restaurant Business In Nigeria / How Lucrative Is Fish Farming Business In Nigeria

(Reply) (Down)

How To Obtain An Export License In Nigeria by ikoiikenna: 06:27pm On 7 Jul

In our previous post, we discussed extensively on the opportunities in exportation business and we even gave our free business plan/ feasibility report on it to get you started.
As a follow-up and in answer to some of your questions, we will be discussing the practical step by step guide to obtaining an export license easily.

Exportation business remains lucrative irrespective of the type of product you exports, whether an Agricultural product like better Leafs, better kola, soybeans, Crayfish, catfish, etc or you choose top export Mineral products, the earning potential is high. However, if you intend starting and export business on a large scale then the need to obtain an export license from the regulatory agencies becomes mandatory.
An Export License provides legal coverage for you and your exportation business and enables you to export governmentally approved export commodities.

In Nigeria, there are basically two approved government agencies commissioned to issue an export license and they are:-
Nigeria Export Council and
Federal Ministry of Solid Mineral Development.
For agricultural products and commodities, Nigerian export promotion council is the regulatory body commissioned to issue an export license. But if you intend exporting only mineral products then you need head over to Federal Ministry of Solid Minerals development as they are responsible for licensing.

Registration process:
The registration process takes a little longer time than registration with C.A.C but fairly easy when you have all the requirements which include:
- Certificate of Business- this is your certificate of business registration with Cooperate Affairs Commission. The company you intend to get a license for must be fully registered.

- Fully Filled Registration Form: - Have applied you will need to duly fill out the form given to you with you full credentials
- Processing Fee: - this is the fee required for first time registration.
With this above requirement, you can head to any office of the ministries mentioned above to start the process.

If you have any question please feel free to ask. West Entrepreneur is a forum thus your question or contribution are highly welcomed.
How clear was this? If not well this is a discussion forum. Click on the reply button below to ask your question or better to add your contribution. However, if you are not seeing the reply button or you are seeing if but it’s not working it means you are yet to join West Entrepreneur. So quickly join to join the conversation or start your own thread. Use the link: westentrepreneur.com/register

Re: How To Obtain An Export License In Nigeria by Obiinono: 01:25pm On 7 Jul

Hi, please do you need any sort of license from the foreign host country to import goods into theirs.. Agricultural products to be specific.

Re: How To Obtain An Export License In Nigeria by ikoiikenna: 02:00pm On 7 Jul

Obiinono:Hi, please do you need any sort of license from the foreign host country to import goods into theirs.. Agricultural products to be specific.


Good day sir Obiinono, if i get your question right, No you don't need any license to import into another country say you intend exporting from Nigeria to USA, you don't Need a license to import from Nigeria in the USA. However, As an importer you must assure that your merchandise complies with the regulatory agencies requirements (e.g., FDA, EPA, DOT, CPSC, FTC, Agriculture, etc.) and obtain licenses or permits for a product, if required, from them.

Hope the answer Helped?

(Reply)

Viewing this topic: 0 users and 1 guest(s)

 

(Go Up)


Links: (0)
West Entrepreneur Forum - Copyright © 2017 Eucarl Global Resources. All rights reserved.
Disclaimer: Every West Entrepreneur member is solely responsible for anything that he/she Post or Uploads on Westentrepreneur