Regulatory Bodies In Nigeria

Regulatory bodies in Nigeria serves two (2) primary functions. They implement laws and they equally ensure the enforcement of the law. This is very fundamental for Customs clearance and freight forwarding services. As a logistics company in Lagos Nigeria, click here for our offered services.

We shall be looking at the freight forwarding, shipping operations, logistics, and supply chain industry with respect to regulatory bodies in Nigeria. Your business is subject to laws that govern social and economic matters such as duty and taxes in favour of the federal government of Nigeria, environmental law, health and safety law, criminal law, insurance law, transportation law, etc.

Regulations are the means by which regulatory bodies in Nigeria implement laws enacted by the legislature. The enforcement is done through monitoring and evaluation of your business to ensure compliance with the regulations.

Principally, regulatory bodies in Nigeria are commonly set up to enforce safety and standard by requesting that your business operating within a particular industry adhere to certain standards.

Some of the regulatory bodies in Nigeria that impacts Customs clearance, freight forwarding, shipping operations, logistics, and supply chain industry are as follows:

1. 1. 1. Nigeria Customs Service (NCS)
      2. Standard Organization of Nigeria (SON)
      3. National Agency for Food & Drug Administration & Control (NAFDAC)
      4. National Environmental Standard and Regulations Enforcement Agency (NESREA)
      5. Nigerian Marine Administration and Safety Agency (NIMASA)
      6. Nigerian Export Promotion Council (NEPC)
      7. Nigerian Ports Authority (NPA)
      8. Central Bank of Nigeria (CBN)
      9. Corporate Affairs Commission (CAC)
      10. Nigeria Shippers Council (NSC)
      11. Federal Inland Revenue Service (FIRS)
      12. Nigeria Agricultural Quarantine Service (NAQS)
      13. Pharmacist Council of Nigeria (PCN)
      14. Federal Airport Authority of Nigeria (FAAN)
      15. Nigerian Export – Import Bank (NEXIM)
      16. Nigeria Export Processing Zone Authority (NEPZA)
      17. Department of Petroleum Resources (DPR)
      18. Nigeria Immigration Service (NIS)
      19. National Insurance Commission (NAICOM)
      20. SON Conformity Assessment Programme (SONCAP)

Before any importation , exportation or ship agency services is carried out, check with the regulatory bodies in Nigeria to determine what regulatory certificate that has to be in place or what regulations has to be adhered. This can be cumbersome sometimes and that is why we are available to assist you to minimize your risk.

Non-compliance with the regulatory bodies in Nigeria can result to serious consequences for your business such as fines which can be levied as penalties, down time and loss of productivity, criminal prosecution, forfeiture of goods, demurrage and detention, loss of goodwill, loss of profit, and other consequences.

We are using this medium to inform you that adhering to a wide range of laws and standards enacted by various bodies in Nigeria will definitely protect your business and you will be able to stay ahead of the competition.

Please, contact us for all your freight forwarding, Customs clearance from the ports, shipping operations, logistics, and supply chain needs as we look forward to provide you with cost-effective passionate logistics solutions.