ANNOUNCEMENT 24 Apr 2014

The Central Bank of Nigeria via Circular TED/FEM/FPC/GEN/01/11, for the first time subjected importers of In Vitro Diagnostic to the necessity to acquire a 'Product Certificate' and a 'Certificate of Registration of the Importer'. 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Central Bank of Nigeria (2014) Circular TED/FEM/FPC/GEN/01/11. English.https://www.cbn.gov.ng/Out/2014/TED/TED.FEM.FPC.GEN.01.011.pdf

Medical Laboratory Science Council of Nigeria (2014) HS CODES FOR LABORATORY EQUIPMENT, REAGENTS AND CONSUMABLES. English. http://www.mlscn.gov.ng/files/mlscn_docs/ivds/HS%20Codes.pdf

Inception date: 24 Apr 2014 | Removal date: open ended

Import licensing requirement

The Central Bank of Nigeria via Circular TED/FEM/FPC/GEN/01/11, on 24 April 2014 for the first time, subjected importers of In Vitro Diagnostic to the necessity to acquire a 'Certificate of Registration of the Importer' and a 'Product Certificate' -both certificates being issued by the Medical Laboratory Science Council of Nigeria (MLSCN). 

Furthermore, the referenced Circular states that only those products that are listed in the MLSCN HS Codes for In Vitro Diagnostics will be accepted for the establishment of the Form M by the banks.  

'Form M' is a form that anyone with the intention of importing goods in Nigeria is obliged to in the first instance process through any authorised dealer bank in the jurisdiction.