Regulatory Alerts2010-02-18 | TED-FEM-FPC-GEN-01-016-10Re: Clarification On The Circular On Importation Of Cold Roll Steel And Aluminum Roofing Sheets Into Nigeria
This is a clarification on Nigeria's Central Bank circular regarding the importation of cold roll steel and aluminum roofing sheets. Effective immediately, any new Form 'M' opened after November 16th, 2009 for imports with a sheet thickness less than 0.5mm (aluminium) or 0.20mm (cold roll) will not be allowed. All Authorised Dealers must ensure their customers are aware of this policy to maintain compliance.
Central Bank of Nigeria Central Business District P.M.B. 0187 Garki, Abuja 09 46237806 09 46237802 E-mail address:ted@cenbank.org TED/FEM/FPC/GEN/01/016 February 17, 2010 TO: All Authorised Dealers, Destination Inspection Service Providers, the Nigeria Customs Service (NCS) and the General Public RE: CLARIFICATION ON THE CIRCULAR ON IMPORTATION OF COLD ROLL STEEL AND ALUMINIUM ROOFING SHEETS INTO NIGERIA This is to inform all Authorised Dealers that paragraph 2 of the circular Ref: TED/FEM/FPC/GEN/01/011 of February 5, 2010 on the above subject has been amended as follows: "However, for the avoidance of doubt, any Form 'M' opened after November 16, 2009 for the importation of aluminium roofing sheet of less than 0.5mm in thickness and cold roll sheet of less than 0.20mm thickness shall not be allowed" Authorised Dealers are advised to bring the provisions of this circular to the attention of their customers for compliance.
H. A. Salako For: Director Trade & Exchange Department