Navigating Nigeria's Regulatory Landscape: Key Requirements, Trade Barriers, and Tariffs
- The Trade Adviser
- Apr 30, 2024
- 1 min read
Updated: Jun 5
Nigeria, Africa's largest economy, presents a complex yet enticing market for international businesses. Understanding the regulatory framework, trade barriers, and tariffs in place is vital for successful market entry and navigating the country's import/export landscape.
Key Regulatory Bodies
Several regulatory bodies oversee different sectors and aspects of trade within Nigeria. Here are some of the most important ones:
Nigerian Customs Service (NCS): Responsible for customs administration, revenue collection from import and export duties, and the implementation of trade policies. (https://customs.gov.ng/)
Standards Organization of Nigeria (SON): Mandated to develop and enforce standards for goods and services in Nigeria, ensuring quality and safety. ([invalid URL removed])
