WIGMORE TRADING LTD, 5TH FLOOR, MULLINER TOWERS, FORMER NNPC BUILDING 39, ALFRED REWANE WAY, IKOYI LAGOS

HOURS: 6 AM -4 PM PST M - TH; 6 AM - 3 PM PST FRI

+234 1 2934174 +234 1 2934176

Import-Export Compliance in Nigeria: A Complete Guide for Businesses
Get in touch on Whatsapp now:

For companies involved in international trade, import-export compliance in Nigeria is a critical factor that determines smooth operations and long-term success. Understanding regulatory frameworks, documentation requirements, and agency approvals ensures businesses avoid penalties, shipment delays, and unnecessary costs.

Understanding Import-Export Compliance in Nigeria

Import-export compliance refers to adhering to the legal, procedural, and regulatory requirements set by Nigerian authorities to govern trade across borders. It involves fulfilling customs obligations, maintaining accurate documentation, and following international standards for product classification and valuation.

In Nigeria, compliance is regulated by multiple agencies, including:

  • Nigeria Customs Service (NCS)

  • Standards Organisation of Nigeria (SON)

  • National Agency for Food and Drug Administration and Control (NAFDAC)

  • Central Bank of Nigeria (CBN) for trade documentation and forex approvals

Each agency plays a unique role in ensuring that imported and exported goods meet Nigeria’s safety, quality, and legal standards.

Key Regulations for Importers and Exporters

To achieve full compliance, importers and exporters must be aware of the following core requirements:

1. Obtaining Import and Export Licences

Businesses must register with the Corporate Affairs Commission (CAC) and obtain a Tax Identification Number (TIN) before applying for import/export licences through the Federal Ministry of Industry, Trade, and Investment.

2. Form M and Pre-Arrival Assessment Report (PAAR)

Before goods are shipped to Nigeria, importers must complete Form M on the Single Window Trade Portal. Once the shipment is assessed, the Nigeria Customs Service issues the PAAR, which helps determine the correct duty and compliance level.

3. SONCAP and NAFDAC Approvals

For regulated products such as electronics, chemicals, and food items, compliance certificates like the SONCAP (Standards Organisation of Nigeria Conformity Assessment Programme) and NAFDAC permit are mandatory before customs clearance.

4. Export Documentation

Exporters must prepare essential documents such as:

  • Export Proceeds Form (NXP)

  • Bill of Lading

  • Certificate of Origin

  • Commercial Invoice

  • Packing List
    These documents ensure transparency, traceability, and adherence to Nigeria’s export policies.

Common Challenges in Trade Compliance

Despite the established system, Nigerian traders often face challenges such as:

  • Complex paperwork and multiple agency clearances

  • Delays at ports due to incomplete documentation

  • Changing government regulations

  • Limited understanding of international compliance standards

To stay competitive, businesses must stay informed and partner with experienced logistics and sourcing experts.

How Wigmore Trading Supports Compliance

At Wigmore Trading, we understand the complexities of import-export compliance in Nigeria. With years of experience in cross-border logistics, customs clearance, and international sourcing, our team helps businesses:

  • Ensure accurate documentation and licensing

  • Navigate agency approvals with ease

  • Minimize delays and avoid regulatory penalties

  • Optimize supply chain processes for cost efficiency

Whether you’re importing goods into Nigeria or exporting to global markets, Wigmore Trading can help.

Conclusion

Import-export compliance is more than just a legal obligation—it’s a strategic advantage for businesses aiming to scale in Nigeria’s dynamic trade environment. By understanding the regulatory landscape and working with trusted partners like Wigmore Trading, you can streamline operations, reduce risks, and ensure smooth global trade transactions.


Back to News

No Comments Yet.

Comments are closed.

VISIONARY, BOLD, DISRUPTIVE

Each month, Wigmore team of experts contribute to the latest insights and analysis, setting the agenda and leading the discussion on unlocking capital so you can put it to work.

A Practical Guide to White Collar Crime Investigation in Ghana for Trading Companies

White collar crime remains a significant challenge for companies operating in Ghana’s fast-growing economy. Fraud, bribery, procurement manipulation, and financial misreporting can disrupt operations, undermine investor confidence, and expose businesses...

Read More

Internal Fraud Investigation in Ghana: A Practical Guide for Businesses

Internal fraud is one of the fastest-growing risks for companies operating in Ghana—especially those active in import/export, wholesale distribution, and FMCG supply chains. As businesses scale and transactions increase, even...

Read More

Forensic Accounting for Divorce Cases in Ghana: A Practical Guide for Fair Financial Settlements

In Ghana, divorce proceedings often become complex when finances are unclear or disputed. Hidden assets, unexplained bank transfers, unusual business transactions, and inconsistent income declarations can all make it difficult...

Read More

How Asset Tracing Services in Ghana Help You Recover Money, Goods, and Equipment

Asset tracing services in Ghana have become essential for companies facing unpaid debts, missing inventory, financial disputes, or partners who have become unresponsive. With Ghana’s rapidly growing business environment—particularly in...

Read More

Understanding Money Laundering Investigations in Ghana: What Businesses Need to Know

Money laundering investigations in Ghana have intensified in recent years as regulators tighten compliance rules and strengthen enforcement across the financial and trading sectors. For businesses engaged in import/export, wholesale...

Read More

Wigmore Trading, FMCG Distributors, Wholesale and Logistics in Lagos, Nigeria. Abuja & West Africa. | Wigmore Trading Nigeria | Wigmore Trading Nigeria