ANNOUNCED AS TEMPORARYNo
Import-related non-tariff measure, nes
The Nigeria Ports Authority has introduced a Cargo Tracking Note System which it says will improve cargo security and safety. From 11 January 2010 every commodity loaded or unloaded in Nigeria, or with Nigeria as the final destination requires, prior to shipment a cargo tracking note or an International Cargo Tracking document from representatives of the Nigeria Ports Authority. The sole authorised representative is Transport and Ports Management System (TPMS) Ltd (TPMS Antaser Afrique).
It is mandatory for all cargo coming out of or into Nigeria, whether imports or exports,to be accompanied by a cargo tracking note and every bill of lading has to be accompanied by a corresponding cargo tracking note number.
This legal change increases the cost of shipping products into and out of Nigeria. It will, therefore, harm foreign firms exporting from Nigeria as well as foreign firms seeking to import into Nigeria. Readers are cautioned, however, that the government has provided a non-trade related rationale for this measure. The question arises as to whether the same non-trade rationale could have been attained at lower cost; unfortunately not enough information is available to determine this.
⚑ Please report this page in case you detect an inaccuracy in its content.