Do your shipments fall on the lists of commodities that are not valid for Forex in Nigeria? Get solution and learn how we can help you ship without stress..
View here all the 41 commodities that are not valid for Forex in Nigeria as released by the Apex bank of Nigeria, Central Bank of Nigeria to stabilize the foreign exchange of the nation and derivation of the ultimum benefits of goods and items imported to the country.
List of Items that are NOT valid for forex in Nigeria- By CBN
1. Rice
2. Cement
3. Margarine
4. Palm kernel /Palm oil products/ Vegetable Oil
5. Meat and processed meat products
6. Vegetables and Vegetable processed products
7. Poultry – chicken, egg, turkey
8. Private airplane/Jet
9. Indian incense
10. Tinned fish in sauce (Gelsha) sardine
11. Cold rolled steel sheet
12. Galvanized steel sheet
13. Roofing sheets
14. Wheelbarrows
15. Head pans
16. Metals boxes and containers
17. Enamelware
18. Steel drums
19. Steel pipes
20. Wire rods (deformed and not deformed)
21. Iron rods
22. Wire mesh
23. Steal nails
24. Security and razor wire
25. Wood particle boards and panel
26. Wood fiber boards and panel
27. Plywood boards and panel
28. Wood doors
29. Furniture
30. Toothpicks
31. Glass and glassware
32. Kitchen utensils
33. Tableware
34. Tiles - vitrified and ceramic
35. Textiles
36. Woven fabrics
37. Clothes
38. Plastic and rubber products, cellophane wrappers
39. Soap and cosmetics
40. Tomatoes/Tomatoes pastes
41. Euro bond/foreign currency/shares purchases
How to import these items
The above items importation to Nigeria are not banned, hence, they could be imported into Nigeria but consignee shall do so with their own forex without any recourse to Central Bank of Nigeria (CBN) Foreign exchange window. Meaning that consignee will have to source for Forex independently.
Who can ship commodities that are not valid for forex in Nigeria?
Nigeria but consignee shall do so with their own fund without any recourse to Nigeria Foreign exchange market.
Who can ship commodities that are not valid for forex in Nigeria?
Do your shipments fall on the lists of commodities that are not valid for forex in Nigeria? You have zero worry; contact us for perfect procurement, shipping documentation and delivery to your doorstep. Kindly forward your inquiries to info@Valuehandlers.com or speak with our customer care representative on 08032241768.