CBN bans forex for maize importation

The CBN stated this in a circular on Monday to all authorised dealers and the general public, with the title ‘Importation of maize/corn’.

“Accordingly, all authorised dealers are hereby requested to submit the list of Forms M already registered for the importation of maize/corn using the attached format on or before the 2020. 15, July Wednesday close of business on”Form M is a mandatory statutory document to be completed by all importers for the importation of goods into Nigeria.The documentation process is put in place by the Federal Government through the CBN and the Nigeria Customs Service.

Form M or E-Form M allows the importer to access part shipments through the use of bulk Form M for a large project.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

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