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PROCEDURE FOR NON-OIL EXPORT PRE-INSPECTION BY COBALT

The following procedures apply in respect of Non-Oil Exports from Nigeria

1.The Federal Government of Nigeria has appointed Cobalt International Services Ltd as Pre-Shipment Inspection Agents (PIA) for Non-Oil Commodity Exports from Nigeria.

2.For those undertaking Non-Oil Commodity Exports, the procedures for arranging inspections are straightforward, and the following steps are provided for ease of reference.

3.The Exporter should collect a NIGERIAN EXPORT PROCEEDS FORM (NXP Form) from their Bank, then complete and return the Form to their Bank for registration. The Exporter should photocopy the NXP form so that it may be referred to in any correspondence.

4.The Nigerian Export Supervision Scheme (NESS) Administrative charge should then be paid to a Designated Bank, for which a receipt will be issued.

5.The Exporter’s Bank will then forward the 5 copies of the NXP Form, and the Designated Bank a copy of the Receipt for the NESS Administration Fee, to Cobalt International Area Office in Lagos, Kano or Port Harcourt; whichever is nearest to the point of inspection.

6.The Exporter should also complete a REQUEST FOR INFORMATION FORM (RFI Form), from one of the Company’s Area Offices.

7.The RFI Form is designed to provide the PIA with general information to enable the inspection to be undertaken as efficiently as possible, such as where and when a particular consignment is due to be exported, contact details and shipping information etc. After completion, the RFI Form should be submitted to one of the Cobalt International Area Offices.

8.A period of 10 days notice should be given to Cobalt International prior to the proposed date of inspection.

9.The Exporter should also provide Cobalt International with any other relevant documents relating to the export transaction, such as Contract of sale, Pro-forma Invoice and Letter of Credit details.

10.The Exporter should provide all necessary support to enable the PIA to perform the inspection at the inspection site.

11.Following a satisfactory inspection of the quality, quantity and value of the Export, Cobalt International will issue a CLEAN CERTIFICATE OF INSPECTION (CCI) within 3 working days which the Exporter should collect from the appropriate Area Office of Cobalt International.

12.In the event of uncovering discrepancies that cannot be corrected immediately, the Exporter shall be issued with a NON-NEGOTIABLE CERTIFICATE OF INSPECTION (NNCI).

 13.Exporters should also provide Cobalt International with a copy of the Final Commercial  Invoice and a packing list

I hope this will be of help to you.

See you at the top!

Gbeke Faith
Chief Consultant
TOSFAT Concepts
+2348038248222, +23476000259

Comments

  1. In order to understand our selves, we must first understand businesses in Nigeria. There are many factors which influenced the development of businesses in Nigeria. Though businesses in Nigeria is a favorite topic of discussion amongst monarchs, presidents and dictators, several of today’s most brilliant minds seem incapable of recognizing its increasing relevance to understanding future generations.

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