2007-05-17 | TED-FEM-FPC-GEN-01-047-07

Re: Addition of Grimaldi Concession Terminal to Lot III of Destination Inspection Scheme

This letter, dated 17th April, 2007, is from the Central Bank of Nigeria to authorized dealers, Nigeria Customs Service, service providers, and the general public. It clarifies a circular issued on December 28th, 2006 regarding transactions with the port of destination as Grimaldi port (now under Ports and Terminal Multiservices Limited-PTML). The letter instructs that such transactions should be forwarded to GlobalScan Systems Limited and processed at ports with the CAC code OITG. Additionally, appropriate Bills of Lading must include the Form "M" BA/CB number approved by authorized dealers in compliance with existing regulations.

09-61637804 Central Bank of Nigeria Central Business District P.M.B. 0187 Garki, Abuja 09-61637802 E-mail Address: ted@cenbank.org Ref: TED/FEM/GEN/FPC/01/45/07 Date: 17th April, 2007 TO: ALL AUTHORISED DEALERS, NIGERIA CUSTOMS SERVICE, SERVICE PROVIDERS AND THE GENERAL PUBLIC RE: ADDITION OF GRIMALDI CONCESSION TERMINAL TO LOT III OF DESTINATION INSPECTION SCHEME Further to our circular Ref. No. TED/FEM/FPC/01/21/06 of 28th December, 2006 on the above subject, we write to make the following clarification. All transactions whose port of destination (discharge) is indicated on the Form "M" as Grimaldi port, (concession to Ports and Terminal Mulitiservices Limited-PTML) should be forwarded to GlobalScan Systems Limited as approved by the Federal Government. Consequently, all SGDs for such transactions should be lodged and processed at the port whose Customs Area Command code is OITG. For the avoidance of doubt, all such SGDs must be duly backed by appropriate Bill of Lading. The Form "M" BA/CB number as approved by the Authorized Dealer must be indicated on the Bill of Lading in line with existing regulation. All Authorized Dealers and the general public, importers and / or the Customs Licensed Clearing Agents are expected to ensure compliance. O.O. AKANJI (MRS) DIRECTOR TRADE AND EXCHANGE DEPARTMENT

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