Nigeria has got good economic ties with China, hence trade between both countries will not be a big deal at all.
Goods are either imported via ship through the waters or via airlines.
A product guide you can use when importing from China are:
i. Electronics appliance and gadget
ii. Fashion Accessories
iii. Home and Office
Some products have been prohibited from being imported into the country. They are:
- Nuclear industrial waste
- Alcoholic substances
- Drugs and narcotics
- A medicament which falls under
- the headings of 3003 and 304. You
- need to confirm which ones are
- they before importing them
- Waste pharmaceuticals
- Corrugated paper and paperboards
- Used motor vehicles above 15
- years from the date of manufacture
- Bagged cement
- Certain furniture items
- Water including mineral water
- Carpets and certain textile floor
- Used compressors and used fridges
- and freezers
- Second-hand clothing
To start with, you need the following documents to be able to import goods:
Form M. This can be obtained from the Central Bank of Nigeria, through the commercial bank you deal with.
Insurance certificate: It covers goods against risk
Agency Certificate: The agency supervising the dealings of the goods you produce will hand you a certificate (e.g NAFDAC certificate for importing drugs)
Commercial Invoice: This is issued from China and would be requested by the Nigerian Customs at entry points.
Bill of Lading/Airways Bill: Your carrier will issue your customs agent with this document.
In making payments, the following are the acceptable means:
Telegraphic Transfer, Western Union, PayPal, AliPay, Escrow, Letter of Credit.