Nigeria to sanction shippers, shipping lines over non-compliance with NXP

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The Central Bank of Nigeria (CBN) has stated categorically that any shipping line that freights export goods out of Nigeria without the Nigerian Export Proceeds (NXP) numbers shall be severely sanctioned just as the Nigerian Shippers’ Council said it had held consultations with the shipping lines on the import of the NXP to the growth of the nation’s economy.

While speaking on non-compliance with the NXP by the shipping lines in a statement released by the Nigerian Shippers’ Council, the Executive Secretary/CEO of the organisation, Mr. Hassan Bello, noted that the CBN warning became necessary upon the audit the apex bank carried out and discovered that several shipping companies did not comply with the NXP directive of the federal government.

Hassan Bello said the Council in partnership with the Central Bank had carried out three sensitization meetings in Lagos and Port Harcourt to educate shipping companies and exporters on the need to implement the directive on the NXP, adding that the Council would work with other agencies of government to ensure full compliance and export without the NXP is discontinued.

Mr. Hassan Bello quoted the CBN Governor, Godwin Emefiele, who addressed the shipping lines on the non-compliance at a virtual meeting recently thus “We are going to set up an auto system, where if someone wants to send cargo, copies of the NXP form will be sent directly to you so that if you don’t have it on line on your system that the NXP has been registered, you turn back that cargo. You cannot accept any number and use it as a basis for shipping. We are not going to allow that. That is not acceptable. If you don’t see NXP Forms, that cargo should be turned back”.

The Council boss maintained that the virtual meeting which was attended by some representatives of shipping lines in the country was also an opportunity for the Governor to enquire as to why these companies were not complying by the Federal Government directive and some of their challenges regarding the NXP.

The Managing Director, MSC Nigeria Limited, Andrew Lynch, stated that his company receives NXP forms on all major agro commodities like cashew, cocoa and sesame, but not for commodities like charcoal and timber.

According to him, “we find out that these items do not have NXP forms after they have already arrived at the port and once cargo gets to the port and has gotten clearance from the Nigeria Customs Services, there is pressure, due to space constraints at the port, to ship immediately.”

He added that one of their challenges also lies in their inability to verify the authenticity of an NXP Form.

Also, the Managing Director, Grimaldi Nigeria Ltd, Ascanio Russo, stated that in addition to not being able to verify the authenticity of the NXP Form, his company is unable to access CBN’s online portal.

However, the Governor said that a circular outlining this procedure would be sent out to shipping lines and relevant agencies like the Nigerian Shippers’ Council, Ministry of Finance, Nigeria Customs Services and security agencies among others.

Shipping companies at the virtual meeting included Maersk line Nigeria Limited, Ocean Network Express Nigeria Limited, MSC Nigeria Limited, Golden shipping Company and Grimaldi Nigeria Limited

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