Exports suffer setback as new CBN policy bites hard : vimars

Exports suffer setback as new CBN policy bites hard


CBN Governor, Godwin Emefiele
The new policy by the Central Bank of Nigeria (CBN) directing all exporters to present the Nigeria Export Proceed (NXP) number before exporting any good outside the country is currently causing a setback for international trade.
Already, the exporters of perishable items groan under the cumbersome process of acquiring the NXP number while their goods lie fallow at the ports. Those affected are afraid the goods could lose quality.
An importer and Secretary-General, National Cashew Association of Nigeria, Sotonye Anga, told The Guardian that the agricultural goods were about to perish at the terminal while they had waited endlessly for NXP number.

Related Keywords

Nigeria , Pius Ayodele , Godwin Emefiele , Cocoa Exporters Association Of Nigeria , Nigeria Customs Service , Central Bank , National Cashew Association Of Nigeria , Nigeria Export Proceed , National Cashew Association , Sotonye Anga , Cocoa Exporters Association , Federal Government , நைஜீரியா , கோகோ ஏற்றுமதியாளர்கள் சங்கம் ஆஃப் நைஜீரியா , நைஜீரியா சுங்க சேவை , மைய வங்கி , தேசிய முந்திரி சங்கம் ஆஃப் நைஜீரியா , தேசிய முந்திரி சங்கம் , கோகோ ஏற்றுமதியாளர்கள் சங்கம் , கூட்டாட்சியின் அரசு ,

© 2025 Vimarsana