Gold export from Nigeria

NIGERIA · EXPORT PROCEDURES

GOLD EXPORT GUIDE
NIGERIA

Complete documentation and procedures for legal gold export from Nigeria.

Legal Compliance

Full Documentation

Secure Transport

Customs Cleared

REGULATORY REQUIREMENTS

EXPORT
REGULATIONS

REGULATORY BODY

Mining Act 2007, Central Bank approval.

TRADING HUBS

Lagos, Abuja

TIMELINE

7-14 business days

From permit application to export clearance

ESTIMATED COSTS

Export permit: $600-2,000 | Central Bank: $400 | Customs: $300

EXPORT PROCEDURE

STEP-BY-STEP
PROCESS

1. Export permit → 2. Customs → 3. Central Bank → 4. Export

01

License

Obtain export license from regulatory body.

2-4 weeks

02

Assay

Professional assessment and valuation.

24-48 hours

03

Documentation

Complete all customs and bank paperwork.

3-5 days

04

Clearance

Customs inspection and approval.

1-3 days

05

Export

Secure transport and international shipment.

1-2 days

EXPORT TIPS

BEST
PRACTICES

Ministry of Mines permit required

Central Bank of Nigeria approval

Lagos or Abuja export

Maintain compliance records

COST BREAKDOWN

EXPORT LICENSE & NIGERIA FEES
ESTIMATED COSTS

ITEMCOST RANGE (USD)PROCESSING TIMEISSUING AUTHORITY
Export Permit / License$500 - $3,0005-14 business daysDGSM / Minerals Commission
Assay / Purity Certificate$200 - $1,00024-48 hoursSimba Lab / UNBS / PMMC
Certificate of Origin$100 - $5001-3 business daysChamber of Commerce
Customs Declaration (SAD)$200 - $600Same dayRevenue Authority (URA)
Secure Transport / InsuranceVariable (1-3% of value)5-7 business daysBrinks / Insured Air Freight

Costs vary based on gold quantity, destination country, and expedited processing requests. Contact our export team for precise quotes.

EXPORT SUPPORT

NAVIGATE
Export Compliance.

Our export compliance team provides end-to-end support for documentation, licensing, and customs clearance. Response within 4 business hours.