Highlights of the 60-Day National Action Plan on Ease of Doing Business in Nigeria
Posted on Sun 26 Mar 2017
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On Trading Across Borders
The following initiatives are being implemented through the collaboration among various agencies such as the NCS, NPA, CBN, and the FMF:
S/No |
Identified Challenges |
Reforms (Ongoing & Completed) |
Results |
1 |
Goods coming into the country are stacked haphazardly, without pallets, making physical examination impractical. |
Cargo imports into Nigeria are now expected to be placed in pallets. |
|
2 |
Manifests are not always available prior to arrival of ships, leading to sub-optimal offloading of cargo. |
Terminal Operators to be provided with Cargo Manifests in advance. |
|
3 |
The current practice for examination of imports forces importers to seek out and schedule by themselves dates for examination of cargo by the NCS and other relevant agencies such as the Standards Organisation of Nigeria, National Agency for Food and Drug Administration and Control, etc. |
NCS has been mandated to take a lead role in scheduling of examination of cargo. |
|
4 |
Current export process is manual, with inconsistent timelines for processing pre-shipment documentation. |
Pre-shipment process for exports to be optimised. |
|
5 |
Number of documents required for import and export in Nigeria is higher than other African countries. |
Reduction of documentation requirements for import and export. |
Reduction in time for import and export. |
The overall impact of the above reforms is to achieve 50% reduction in Export & Import time.