The Federal Government has outlined steps to be taken by Nigerian businesses to export to other African countries that are part of the African Continental Free Trade Agreement (AfCFTA).
This follows the take-off of the trade agreement, which is reputed to be one of the largest globally, on January 1, 2021, with 54 African countries signed on to it.
This disclosure is contained in a public statement issued by the Nigerian Office For Trade Negotiations (NOTN) and signed by its Acting Director-General/Chief Trade Negotiator, Victor Liman.
The guide by NOTN is to assist Nigerian exporters who want to take advantage of AfCFTA.
Steps to be taken by exporters
- 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.
- Next, 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.
Finally, compulsory AfCFTA trading documents are
- Supplier/Producer’s declaration form.
- Origin of declaration form.
- AfCFTA Certificate of origin.
What you should know
- The African Continental Free Trade Area (AfCFTA) agreement which took off in January 1, 2021, is expected to create the world’s largest free trade area measured by the number of countries participating.
- The pact which connects about 1.3 billion people across 54 countries with a gross domestic product (GDP) valued at $3.4 trillion, has the potential to lift 30 million people out of extreme poverty. However, achieving its full potential will depend on putting in place significant policy reforms and trade facilitation measures.
- The scope of AfCFTA is large as the agreement will reduce tariffs among member countries and cover policy areas such as trade facilitation and services, as well as regulatory measures such as sanitary standards and technical barriers to trade. Full implementation of AfCFTA would reshape markets and economies across the region and boost output in the services, manufacturing and natural resources sectors.
Apapa gridlock: NPA MD says e-Call up will eliminate human intervention and extortion
The MD of the NPA has stated that the introduction of the e-call up system will eliminate extortion by enforcement and security officers.
The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala-Usman, has said that the introduction of the Electronic Call-up system will eliminate human intervention from the process thereby eliminating extortion by enforcement and security officers.
This is as she also revealed that shipping companies make billions of naira from importers forfeiting their deposits for returned containers due to congestion in and around the ports.
This was disclosed by Bala-Usman during an interview on Channels Television.
The NPA boss said that one of the solutions being introduced is to create holding bays outside the ports for empty containers, so that the containers will no longer be returned to the ports, but instead to these holding bays, with shipping companies taking responsibility.
What the NPA Managing Director is saying
Bala-Usman said, ‘’We have reached a point where we are going to have a strong Electronic Call up that will remove human intervention from the process. One of the key aspects of this E-Call up is the fact that we have approved truck parks where all trucks must sit in order to access the port location.
‘’Having identified this truck park through a public process, we have listed eight truck parks that have been so certified by Lagos State Government and Nigerian Ports Authority as approved truck parks that all trucks that have the intention of doing business in the port will sit and they will be called upon using an electronic call-up.’’
Going further she said, ‘’40-50% of trucks causing congestion are actually trying to return empty containers. Shipping companies make billions of naira from importers forfeiting deposits for returned containers, most deposits are forfeited because of congestion, a status quo that pleases shipping companies.
‘’One solution being introduced is to create holding bays outside the ports for empty containers. So consignees no longer need to return the containers to Ports, but instead to holding bays, where Shipping companies will take responsibility.’’
While acknowledging the fact that there will be glitches and teething issues in the deployment of the electronic call-up system, she, however, said we must start and address the issues as they arise.
What you should know
- As part of measures to resolve the gridlock around the ports axis, the NPA had launched an Electronic Truck call-up system, Eto, designed for the management of truck movement and access to and from the Lagos ports.
- This is to also help complement the drive for a business-friendly and secure environment for port business in Nigeria.
- During the implementation of the new system, all trucks doing business at the ports will be required to park at the approved truck parks until they are called up into the port through the Eto app.
- The Lagos State Government through its newly constituted Traffic Management Enforcement Team to resolve Apapa gridlocks and the Nigerian Port Authority Security Team also identified parks as holding bay for trucks around the metropolis.
"We have reached a point where we are going to have a strong Electronic Call Up that will remove human intervention from the process. The E-call up has approved truck parks where all trucks must sit in order to access the port location."- MD @nigerianports, @hadizabalausman. pic.twitter.com/wmxSveQsK6
— Government of Nigeria (@NigeriaGov) February 25, 2021
MD NPA: 40-50% of trucks causing congestion are actually trying to return empty containers. Shipping Cos make billions of Naira from importers forfeiting deposits for returned containers—most deposits are forfeited because of congestion, a status quo that pleases Shipping Cos (1)
— tolu ogunlesi (@toluogunlesi) February 25, 2021
NAHCO recalls suspended GMD
NAHCO recalled Adetokunbo Fagbemi, its Group Managing Director and Chief Executive Officer.
The Board of Directors of Nigerian Aviation Handling Company Plc (NAHCO Aviance) has recalled Mrs. Adetokunbo Fagbemi, the Group Managing Director and Chief Executive Officer of the aviation handling firm.
The GMD was suspended over Management’s failure to diligently secure the delivery of a purchased equipment from vendor within the contracted period and Management’s inability to provide satisfactory/acceptable reason for the unreasonable long delay.
This was disclosed by the Board via a statement issued and seen by Nairametrics on Thursday.
It stated, “The Board is however pleased to inform the investing public and the Exchange that on, Tuesday, February 24, 2021, a satisfactory evidence of departure and arrival dates of the equipment has been received by the board from the equipment manufacturer.
“Consequently, the Board at its emergency meeting today, February 24, 2021, has recalled the Group Managing Director/Chief Executive Officer, Mrs. Adetokunbo A. Fagbemi from the suspension and she has resumed work.”
What you should know
- The GMD was suspended by the Board at a meeting held on 27th of January 2021 in line with the Board’s earlier decision that if a certified bill of lading for the equipment was not received by 2nd February 2021, the GMD/CEO shall proceed on suspension with half pay until receipt of acceptable evidence of equipment shipment from the manufacturer.
- Since Fagbemi commenced her suspension on February 3rd, 2021, Mr. Olumuyiwa A. Olumekun, the Group Executive Director, Corporate Services, has been acting as the GMD/CEO.
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