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>Posts tagged "Nigerian Office For Trade Negotiations (NOTN)"

January 1st, 2020, signaled the commencement of AfCFTA (African Continental Free Trade Area), a flagship project of the African Union’s Agenda 2063 to stimulate intra-African trade. The project aims to create a single continental market for goods and services through a comprehensive agreement by member countries that will see more African resources traded within the continent. The agreement will cover 1.2 billion people with an estimated combined consumer and business spending amounting to $6.7 trillion in 2030.

Just as the governments of the 54 African countries which signed the trade agreement are positioning their economy to be a major beneficiary of the free trade area, the federal government of Nigeria is not left out as it has outlined steps to be taken by Nigerian businesses to export to other African countries.

According to a public statement released by the Nigerian Office For Trade Negotiations (NOTN) and signed by Victor Liman, Acting Director-General/Chief Trade Negotiator shows the required steps and documents needed by Nigerian businesses to take advantage of AfCFTA.

The steps/documents include:

  1. Exporter or agent must secure all necessary licenses, permits, certificates and necessary documents from relevant agencies like Nigerian Export Promotion Council (NEPC), Standard Organization of Nigeria (SON), National Agency for Food and Drug Administration and Control (NAFDAC), Nigerian Agricultural Quarantine Service (NAQS) and others.
  • Ensure that the product qualifies for export under AfCFTA.
  • Create a bill of entry, attach all relevant permits from government agencies and secure reservation with shipping or airline company. Apply for Nigeria Customs Service AfCFTA Certificate of Origin after paying a fee.
  • The Nigerian Customs Service is the issuer of the certificate, however, NACCIMA must vet the application.
  • Also, other accompanying documents required for shipment under AfCFTA should be included like Certificate of origin, Nigerian Customs Bill of Entry, Bill of Lading, Packing list, and Certificate of Analysis.
  1. Exporter or agent must secure all necessary licenses, permits, certificates, and necessary documents from relevant agencies like Nigerian Export Promotion Council (NEPC), Standard Organization of Nigeria (SON), National Agency for Food and Drug Administration and Control (NAFDAC), Nigerian Agricultural Quarantine Service (NAQS) and others.
  2. Ensure that the product qualifies for export under AfCFTA.
  3. Next, create a bill of entry, attach all relevant permits from government agencies, and secure reservations with shipping or airline companies. Apply for Nigeria Customs Service AfCFTA Certificate of Origin after paying a fee.
  1. The Nigerian Customs Service is the issuer of the certificate, however, NACCIMA must vet the application.
  1. Also, other accompanying documents required for shipment under AfCFTA should be included like Certificate of origin, Nigerian Customs Bill of Entry, Bill of Lading, Packing list, and Certificate of Analysis.

January 1st, 2020, signaled the commencement of AfCFTA (African Continental Free Trade Area), a flagship project of the African Union’s Agenda 2063 to stimulate intra-African trade. The project aims to create a single continental market for goods and services through a comprehensive agreement by member countries that will see more African resources traded within the continent. The agreement will cover 1.2 billion people with an estimated combined consumer and business spending amounting to $6.7 trillion in 2030.

New Release: The African Economic Congress 2020 Report.