February 8, 2025

NPA Mandates Nigeria Export Proceed Form for Export Cargo Processing

 

In a move aimed at enhancing efficiency in export cargo processing, the Nigerian Ports Authority (NPA) has mandated the implementation of the Nigeria Export Proceed (NXP) as a compulsory requirement for all export-bound cargo trucks entering the nation’s ports.

 

The policy is designed to streamline export operations and ensure proper documentation of export proceeds in line with Nigeria’s trade regulations.

 

The directive, which takes effect from February 3, 2025, instructs the NPA’s technical partner, Truck Transit Parks Limited (TTP), to enforce compliance across the country’s seaports.

 

TTP highlighted in a circular to maritime industry stakeholders, the need for all parties involved in export operations to strictly adhere to the new requirements to avoid disruptions in cargo movement.

 

“The Nigerian Ports Authority (NPA) has directed that, effective February 3, 2025, the implementation of the Nigeria Export Proceed (NXP) will be mandatory for the movement of all export trucks to the port. This measure is aimed at streamlining operations and enhancing the efficiency of export processes,” the statement read.

 

The notice further urged exporters and logistics operators to “familiarise themselves with the NXP requirements and adhere strictly to the new procedures”, adding that compliance is essential to ensure smooth cargo processing.

 

The mandatory NXP implementation comes amid increasing efforts by the Federal Government to boost non-oil exports and enhance foreign exchange inflows. Industry experts believe that enforcing proper export documentation will reduce trade irregularities and improve Nigeria’s standing in global trade compliance.

 

Exporters and logistics providers have been urged to ensure full compliance ahead of the February 3 deadline to prevent disruptions in cargo clearance and transportation.

Leave a Reply

Your email address will not be published. Required fields are marked *