How Do You Import Cars into Nigeria
Owning and driving a car in Nigeria
is a symbol of status and class. This is one of the reasons why some people
have fleets of cars and still acquire more. This just shows that car dealers are
really making huge profit from their business. Being that cars are in high
demand in Nigeria, this has made the automobile market a ripe one for foreign
automobile manufacturers. If this is the case, how can you have your share in
this lucrative automobile sector of the Nigerian economy? Since the import and
export business is one of the profitable businesses in Nigeria today,
importation of cars is not an exception.
Like the import and export
business, automobile importation into Nigeria is easy but requires extensive
research. Here are a few steps to start your car importation business.
- Find
Out What Works
There are various brands of cars in
Nigeria, but do they all have the same demand? Just like any other business,
your profit from car importation depends on the kinds of cars you import as
well as their demand. Another thing to take note of is that not all car brands
have available spare parts in Nigeria. Why would you import a car whose spare
parts are hard to come by? Do your research and find out exactly the brands that
make profit here in Nigeria.
- Partner
with Car Distributors
Not all car distributors are
involved in importation and not all distributors market all car brands. Some
specialize in selling selected brands. Meet with any distributor and find out
if they could use your services. Also, if they are into the importation of cars
into Nigeria, you could do yourself a favour by getting to know about their
foreign contacts and clearing personnel who make the whole import process
possible.
- Obtain
Required Documents
Before you can bring cars
into the country, you need to
- Obtain a Ship
Entry Notice (SEN) from the Operations Department of Nigerian Ports
Authority (NPA) or a licensed agent.
- Afterwards,
you collect a Bill of Lading from the shipper which will contain all the
details of the ship and its cargo.
- This
document is then sent to the
Nigerian Port Authority Central Office for Planning and Information.
- You will
be given a Bill of Entry which you will register with the Nigerian Customs
Service.
- You then
proceed to the shipping company to ensure the Release of your goods.
- When
your Bill of Lading is checked, you will be issued a Delivery Order (D.O.)
which you will fill and submit back to the shipping company.
- The D.O.
is then sent to the Terminal Operator and you pay the required amount.
- The
Delivery order is then sent to the delivery point and you await your
cargo. Once received, it is checked and good to go.
Other car-related posts:
REFERENCES
- Clearing Procedure.
Retrieved from: http://www.nigerianports.org/dynamicdata/uploads/ClearingProcedure.pdf
- How to Import New or Used
Nigeria Car from the US or Japan. Retrieved from: http://www.business-travel-nigeria.com/nigeria-car.html
- Business in Nigeria- Selling Cars. Retrieved from: http://www.business-travel-nigeria.com/business-in-nigeria-automobile.html
I'm really interested in importing vehicle from USA to Nigeria as a regular business but I don't know how to start. I want to be going to Ameria myself to bring the vehicle into Nigeria because I have 10 Years Multiple Amercan Visa-I was there once for visiting.
ReplyDeleteI need someone with whom I could pertnar in this regard-an experience person who has already been in the importation of automobile into Nigeria foe business purposes.
email me at worldregent@gmail.com ... we'll talk, Taofiki.
Deleteemail me at worldregent@gmail.com ... we'll talk, Taofiki.
DeleteYour blog is so informative thanks for sharing.. I am also planing to start import business in Nigeria..learn how to import
ReplyDeleteThis comment has been removed by the author.
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