Export Financing Made easy
New to Export Trade?
Exporters intending to go into export trade must first register with The Nigerian Export Promotion Council (NEPC) and obtain an Export Certificate.
The NEPC Certificate alongside other requirements for Corporate Account opening, is required to open an Export Domiciliary Account for receipt of export proceeds.
Once the certificate is issued by the NEPC, the exporter will proceed to apply for their NXP on the TRMS Platform.
The TRMS platform is web-based and can be assessed directly by exporters from their offices/homes using the link: www.tradesystem.gov.ng
Documents required to access the TRMS Portal
- A valid Tax Identification Number (TIN).
- A valid Telephone number and Email address (linked to your TIN)
- An internet-enabled device
- Valid NEPC Exporters Certificate
- Valid Proforma Invoice
- Export Domiciliary Account for receipt of export proceeds
- Naira Current Account for NXP charges and NESS processing
Export life cycle shows the processes involved in export from conceptualization to completion
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Customer must have a registered company
Customer to be registered with NEPC (Nigeria Export Promotion Council)
Product to be exported
Sources or raw materials/commodities
Target Market
Relevant Permits/licenses.
To register for NEPC click here
Relevant Documents/Permits
• phytosanitary certificate for agricultural commodities (issued by NAQS)
• health certificate for processed and semi-processed food items (issued by NAFDAC)
• international veterinary certificate for animals and animal products (issued by DVPCS)
• fumigation certificate for agricultural commodities (issued by FPIS, part of FMITI)
This is the contract/agreement between the buyer and seller stating the expectation/terms between both parties i.e. mode of payment.
Family, Friends, and Bank. Bank Funding such as Pre- Shipment, Post Shipment, Commodity Finance are financing options available.
This entails knowing where and how to source the product for export to meet your buyer’s demand.
This includes the pre and post export documents such as CAC documents, Export Contract, Export Certificate, Proforma Invoice, Packing List, Commercial Invoice,etc.
Before embarking on any export venture, ensure you understand the basic terms of delivery (including pricing and documentation). Also understand the responsibilities of the major players for safe delivery of your products to buyers, such details include transport modes, duration of shipment, conditions required for different products and the agreed terms of trade.
To learn about your responsibilities and that of the buyer.
Furthermore, It is important that you identify experienced freight forwarders and this would ensure that your products meet the agreed terms of delivery.
Approved Inspection Agencies
This are agencies that check the quality and quantity of commodities/product for export to ensure they meet standard requirements , then a Clean Certificate of Inspection (CCI) is issued to the exporter.
Gojopal Nigeria Ltd
Importance of Export Procedures and Documentation
Ensure that products/commodities are valid and eligible for export
It helps to minimize your export risk
To ensure that exported goods conform to buyer’s country specifications and meets standards
Ensure that the quality of export is good
To enable you qualify for export incentives and grants.
Ensure you meet buyer’s requirement by providing evidence of origin and delivery.
It provides proper accountability of exported goods.
This helps to formalize the export business.
Commodities/Product For Export
Cocoa, Cashew Nut, Ginger, Sesame seeds, soyabeans, manufactured goods, semi-processed goods, metal recycling, solid minerals, agric commodities etc. that are not on the export prohibition list.
