THE RISK OF NOT INCLUDING INVOICE AND PACKING LIST WHEN PROCESSING YOUR SHIPMENT FOR INTERNATIONAL TRANSFER

An invoice provides a detailed account of the products or service and a set of other information. It can vary a bit depending on the requirements in the country the invoice is issued and the type of product or service being sold. While a packing list is a document which details the contents, quantities, carton count of the shipped product, and often dimensions and weight, of each package or container. It serves to inform all parties involved with shipping, including transport agencies, government authorities, and customers, about the contents of the package. It also helps them deal with the package accordingly.

                                                                                                      

The Requirements for Form M

Do you know what Form M is?

See 15 Important Things You Must Know About Form M

Form M

Form M is a mandatory document when it comes to importation of goods into the country. It is needed to initiate the importation process in Nigeria. Form M must be processed with or without payment of processing fee and it must be done before the goods to be imported is shipped into Nigeria.

5 Simple Steps to Obtaining Form M

If you have read Valuehandlers’ 15 Important Things to Know about Form M and the Requirements for Form M, then you need to know how to obtain Form M.

Form M

Obtaining Form M is very crucial in the importation process of Nigerian. Here are 5 simple steps to take in order to obtain Form M.

1. Tender the E-Form M application to an Authorized Dealer Bank alongside the following:

* Profoma invoice

* Locally sourced insurance certificate

* Regulatory certificates or permits. Some products are regulated by Standard Organization of Nigeria (SON), others like food and drugs are regulated by National Agency for Food and Drug Administration and Control (NAFDAC).

2. After the Form M is completed, it is then submitted to the Nigeria Customs Service (NCS) for approval or validation.

3. Nigeria Customs Service (NCS) would review the application and either accept or reject it within one working day. If accepted, the E Form M would be registered in the Single Window Trade system but if rejected, the reasons for rejection would be given by NCS and the documents would be returned for correction.

4. For the E Form M that got accepted by the NCS, the importer would then ask the exporter to begin shipment arrangements for shipment regulated by SON. Inspection, testing and certification would be done so as to get a SONCAP Certificate (SON) which is required for the Customs clearance of goods at any Nigerian Port.

5. Once the SONCAP Certificate as been issued (where necessary), the goods can then be shipped to Nigeria.

In case you need further assistance as regards process and compliance, kindly contact us at customercare@valuehandlers.com. For questions, more information, and further inquiry, you can call us on 08032241768.

Written and posted by: Shalewa Babatayo Ajenipa New Media Executive

Valuehandlers International Limited

No9 Akilo Road,
Cocoa b/stop
Off Oba Akran Avenue, Ikeja
Tel: +2348032241768, +2348182072412customercare@valuehandlers.com, Info@valuehandlers.com,
WhatsApp: 08082375017
Website: www.valuehandlers.com,
Facebook: www.facebook.com/valuehandlers
Twitter: @Valuehandlers, 

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Inland Dry Port - Meaning and Importance

Inland Dry Port

Inland Dry Port is the inter-modal terminal which is situated inland and is directly connected by road or rail to a seaport, which functions as a centre for the transshipment of sea cargo into inland destinations, and performs services like customs clearance, maintenance of containers, storage, forwarding, etc which are performed in the seaports.

15 Important Things You Need to Know About Form M

I must be frank with you this time around. Do you know that without Form M, you will not be able to import or export to Nigeria. By implications, what does Form M means. Have you heard that no shipping without Form M?

I am not here to scare or bore you with the implications of Form M but to hint you on the values of the form. Form M is a mandatory statutory document to be completed by all importers for importation of goods into Nigeria. It is a mandatory documentation process put in place by the Federal Government of Nigeria through the Federal Ministry of Finance and the Central Bank of Nigeria (CBN), to monitor goods that are imported into the country as well as enable collection of import duties where applicable.

The life span of a Form M is 180 days (for general merchandise) and 365 days (for plant and machinery), after which an extension of 180 days (for general merchandise) and 365 days (for plant and machinery) can be granted on the Form M by the Authorized Dealer. Any further extension has to be approved by the Central Bank of Nigeria (CBN).

It is therefore mandatory for all importers to complete and register Form 'M' with Authorized Dealers at the time of placing orders whether the transaction is valid for foreign exchange or not. This is currently initiated electronically on a Trade Portal provided by the Central Bank of Nigeria in conjunction with the Nigeria Customs Service.

Therefore, Valuehandlers provide you with 15 important things you need to know about Form M.

Form M

1. The first official document needed to initiate shipment into Nigeria is the Form M

2. Form M is an E form. That is electronic form. The electronic form replaced the hard copy to reduce human interference and reduce or and eliminate crude corruption and improve ease of doing business.

3. It is a mandatory documentation process.

4. Introduction of the E Form M commenced November 22, 2012 but full implementation of the electronic Form M began December 06, 2012 during the era of President Goodluck Ebele Jonathan and Ngozi Okonjo Iweala as Finance Minister.

5. It is out in place by the Federal Government of Nigeria, Through the Federal Ministry of Finance (FMF) and Central Bank of Nigeria (CBN).

6. It exists to monitor goods that are being imported into the country.

See More

Written and posted by: 

Shalewa Babatayo Ajenipa 

New Media Executive

Valuehandlers International Limited

No9 Akilo Road,
Cocoa b/stop
Off Oba Akran Avenue, Ikeja
Tel: +2348032241768, +2348182072412customercare@valuehandlers.com, Info@valuehandlers.com,
WhatsApp: 08082375017
Website: www.valuehandlers.com,
Facebook: www.facebook.com/valuehandlers
Twitter: @Valuehandlers, 

Skype: Valuehandlers

Instagram: Valuehandlers

G+: Vlauehandlers

LinkedIn: Valuehandlers

Youtube: Valuehandlers

Messenger: m.me/valuehandlers

Why Charge Shipment with Volume Weight / dimensional Weight Instead of Actual Weight

Many people lament about being cheated, being charged unfairly or overly charged for their shipment, without sufficient knowledge on what determines the shipping cost. Basically, shipments are charged based on size, weight, delivery time or distance. When shipping, it is important that the shipper (supplier) release accurate information on dimensional weight and actual weight to the customers so shipment charges can be forecasted reliably.

Difference Between Direct Freight Shipping And Consolidation Shipping

Different people engage in shipping activities without fully understanding the kinds of shipping that is being done for them. In order to put an end to this kind of confusion, Valuehandlers has decided to shed light on the difference between direct shipping and consolidation shipping.

Freight Forwarders Applaud NSC On Ease Of Doing Business

Freight forwarders have expressed satisfaction with the Nigerian Shippers’ Council (NSC) on policies and projects being promoted by the ports economic regulator which are targeted at achieving ease of doing business at the ports.

Interface with service providers and customs service commands by the Council leadership and management staff on ease of doing business have  impacted positively on services at the ports.

Defination of PAAR and Custom Clearing Requirements in Nigeria Ports

What is PAAR (Pre-Arrival Assessment Report)?

PAAR as a risk management tool that replaced the Risk Assessment Report (RAR) and was borne out of the service new order of innovation, change, trade facilitation, building better business relationship, transformation and free trade flow that is today the global trend.

It is true that certain imported goods or cargo will not require Paar in clearing. Example of these imported goods include; Used Household goods, used Cars/Vehicles and personal effects.

For those shipments and or imported containers  that will require Paar generation, we have provided steps and procedures to  cover; Paar processing through your Bank, How custom generate Paar, including steps by step guide in  customs clearing of cargo in Nigeria Sea ports. Details are available

HOW TO SEND GOODS FROM CANADA TO NIGERIA- CHEAPEST FREIGHT SHIPPING TO LAGOS

Personal Effect to Nigeria from USA, UK & China

Freight and Clearing  = $5.15 per lb Canada to our Ikeja Office- Drop your Cargo Details HERE

Note: Rate above not inclusive of Dangerous goods, Perfumes, and Leather related articles. Also not inclusive of merchandise cargo in need of urgent / or direct shipping.

HOW CAN I CLEAR MY GOODS / CONSIGNMENT IN LAGOS "NIGERIA"

I really want to be brief in dealing with this commonly asked question. Shipping your goods from U.S.A, Canada, Asia, and Europe to Nigeria begins from you.

Cargo clearing warehouse in Lagos

It is better that you first get the attention of a reliable Shipper/freight agent, whose duty is to advice you in those areas you might want to consider "technical".. We recommend you call Freight and Clearance service section Phone- +234 8032241768 for your shipment from U.S to Nigeria

Detailed Cost Of Cargo Clearance In Nigeria - Get It Right Now

Stop Asking Google!
How Much Does It Cost To Clear Your Goods! Get Accurate Cost Here

Business Activity: Clearance Processes / Clearance Planning & Budgeting

Cargo Clearance in Nigeria (Contact Clearing agent)

Category: Importation of; General Goods, Computers, Chemicals, Raw Materials, Industrial Equipment, Telecommunication equipments, Consumables, Commercial and Military and Private Vehicles and their Accessories and Components, Mechanical Parts, Marine transport Equipments, Air Craft Parts, to Cargo or container ships

IMPORT SUCCESS DIGEST GROUP

WELCOME TO IMPORT SUCCESS DIGEST GROUP- This group is designed for new and frequent importers and exporters of merchandise goods from and to Nigeria.

Importers and exporters who subscribe for Import Success digest will receive regular post on;

• Free pre-Shipping consulting service

• Freight shipping procedure from and to Nigeria

•  Government Agency Policies and regulations on import and export

TIPS ON HOW TO FAST TRACK CUSTOMS CLEARANCE

SAMPLE OF SHIPPER'S COPY/WAYBILL

DUTY PAYMENT COMPLIANCE PROCEDURES

One recently applauded aviation policy introduced by present Government of Nigeria is “48-72 Hours Cargo Clearance Policy”. The federal Government, led by President Goodluck Jonathan had instructed that all shipment/or imported goods should be cleared out of Nigeria ports within 48-72 hrs to make importation easier for international businesses and other relevant stake holders.

HOW TO AVOID CHALLENGES MOST IMPORTERS FACE WITH CLEARING AGENTS IN NIGERIA

Air Freight and Sea Freight

 CHALLENGES MOST IMPORTERS FACE WITH CLEARING AGENTS IN NIGERIA

Most importers, including those sending their personal belongings to Nigeria face numbers of challenges in trying to clear their shipment in Nigeria. 

The twin recent rifts between Freight Agents and other constituted establishments, including Nigerian Customs service has revealed some of these challenges that importers and baggage senders are facing in the hands of some Freight agents in Nigeria.

NAHCO NEW CLEARING CHARGES / RATE REGIME BEGINS

For close to two week now, freight forwarders operating in the Lagos international Airport have been in trying period due to two obvious issues from Nahco increment of handling rate by close to 300% to Federal Airport Authority of Nigeria’s decision to implement Federal Government directive which authorize immediate expel of Agent from Airport axis.

CHALLENGES AND POTENTIALS IN NIGERIA CARGO BUSINESS

Interview with Mr. Yinka Babalola Ayodotun, Executive Director, Fast Forwarding Group, Lagos,Nigeria

Cargo business can boost in Nigeria under enabling environment, policy, says stakeholder 

 What is Fast Forwarding Group into?

We operate cargo flights from Dubai to Lagos on a weekly basis, minimum of three flights every day. We have also commenced operation into Kano and our first flight landed recently. We also operate into other countries like Accra, Ghana and Abidjan.  We formerly operate into Sudan, before they were broken into two countries. But because of the issue of boundary problem there, we stopped flying.
And you know that if anything happened anywhere with an aircraft, it becomes a global issue, because of that; for security reasons we stopped the Sudan operation temporary.

PHOTO ALBUM OF CARGOES AWAITING CUSTOMS CLEARANCE IN NAHCO

VHI Cargo facilitate for importers and exporters

YOU MAY BE INTERESTED IN THIS TOO!

DELAY IN AIR CARGO CLEARANCE

 IN LAGOS- CUSTOMS/AGENTS

 AGREE ON PRACTICES

We clear any thing from anywhere Request for Quote

VHI Cargo is an established independent cargo handling contractors. We are representative of major cargo handlers, including freight brokers and freight forwarders. We also facilitate for importers and exporters; interface with Nigeria customs and other agencies, international carriers, and other companies and organizations that are involved in freight transportation.More...

Valuehandlers International Limited (VHI Cargo)

No9 Akilo Road,
Cocoa b/stop
Off Oba Akran Avenue, Ikeja
Tel: +2348032241768, +2348182072412
customercare@valuehandlers.com, Info@valuehandlers.com,
WhatsApp: 08082375017

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Website: www.valuehandlers.com,
Facebook: www.facebook.com/valuehandlers
Twitter: @Valuehandlers, 

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Ship from India to Nigeria- Importation to Nigeria from India

Means of Shipping Cargo

Importation to Nigeria via Air or Sea
Valuehandlers International Limited offers cargo shipping from India.
An advantage that VHI Cargo offers is snappy and quick conveyance for merchandise products, machines, equipment and bundles to Nigeria from India. See More

HOW SAFE ARE MY GOODS BEING SHIPPED TO NIGERIA

For Door-to-door delivery service & Value safety, Click here