Abeg, gather here my people! Na serious gist wey dey ground from Central Bank of Nigeria (CBN) o. Dem don approve make we fit use expired NAFDAC licenses for import matter, na temporary measure wey go last till February 28, 2026. You sabi say dis one go fit help businesses wey dey hustle for import side because of the wahala wey don dey with the trade processing system.
CBN release beta circular wey trae na January 26, 2026, talk say those NAFDAC licenses wey don expire on December 31, 2025, fit still run for Form M processing. Dem carry this news come after dem identify say plenty importers don dey suffer since dem start to change from Nigeria Integrated Customs Information System II to B’Odogwu platform.
Aliyu M. Usman, wey be director for Trade and Exchange Department, yan say dem need this measure to boost trade wahala while dem dey finalize the new systems wey go make everything smooth again. E no easy for importers wey don dey face serious bottlenecks just to make sure dem document their goods well.
CBN want make all dealer banks carry this message waka reach ground and ensure say everybody dey comply before the deadline come. Na small relief, but e go make plenty difference for we importers wey dey struggle to make sense of how to move their goods without wahala.
The CBN don assure say this measure na just temporary, but e dey clear say dem don see say import operations dey face serious plight if dem no do something quick. Na wetin we call ‘common sense’ intervention, na wetin e be. So, my people wey dey in trade, una fit smile small as dis new policy don land!
So, abeg, if you dey among the dealers or importers, make you no slack, ensure say you sort your documents well before February 28, so you no go enter trouble later. Remember say na this Form M matter be the key wey dey unlock the door to plenty business opportunities. Na we go benefit from all dis, so we gatz dey sharp!
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