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Download EEG 2006 form

Download EEG 2005 form

NIGERIAN EXPORT PROMOTION COUNCIL

SUBMISSION OF BASELINE DATA FOR EXPORT EXPANSION GRANT (EEG) RATINGS FOR 2006 NON-OIL EXPORT.

Having virtually cleared the backlog of EEG claims for up to 2004 (except the ones that have issues to settle with CBN and Nigeria Customs Service), and had processed over 70% of 2005 claims, the Council is now poised to commence the processing of claims for 2006 non-oil export transactions.  Exporters interested in or those already registered for the export expansion grant (EEG) scheme, are requested to submit their baseline data for the purpose of determining their EEG rates for 2006.

 

2.  DOCUMENTATION REQUIREMENTS:

(i)    Baseline forms 1A, 1B and 1C. (forms can be accessed on www.nepc.gov.ng)

(ii)  2005 audited financial statements/accounts, which must include value added statements.

Please note:Companies who are submitting baseline data for the first time should in addition to the above, submit their financial statements/accounts for 2003 & 2004.

 

3.  TIME SCHEDULES TO NOTE:

For orderly and smooth processing of EEG applications, the following time schedules will be strictly followed:

(i)    Deadline for submission of all outstanding 2005 EEG applications is 31st August, 2005.

(ii)   Submission of all baseline data for 2006 ratings will close on September 30th, 2006.

(iii)   Processing of EEG applications for 2006 will commence on October 1st, 2006

(iv)    An Audit review of 2005 EEG claims will commence mid -August, 2006.  All beneficiaries should therefore be ready with their documents for the purpose of this exercise.

 

4. Exporters are once again advised to strictly adhere to the guidelines on redesigned EEG. Financial statements, financial records and supporting documentation, production records and costing data/documentation, export and claims documentation and bank statement records must be available for the claims audit review Team. Incomplete or illegible documents will not be accepted and repeat review visits will not occur for any exporter. The Nigerian Export Promotion Council will not accept responsibility for claims denied in relation to incomplete and illegible documents, etc.

 

Signed

G.M. Sasore (Mrs)

Special Adviser/CEO, NEPC   

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Export Trade Liberalisation Scheme [ETLS] Processing.

 

An agreement has been reached between MANEG and the Ministry of Co-operation and Integration in Africa (MCIA), Abuja, for MANEG Secretariat to process the ECOWAS Trade Liberalisation Scheme (ETLS) Applications to speed up the issuance of ETLS Certificates to exporters.

 

Interested members desiring to acquire the ETLS status for export to the ECOWAS markets may now request to obtain the Form at the Secretariat and return in the following manner:

 

1. Your written request to the Secretariat for the ETLS Form should be made in your company's letterhead, signed by your MD/CE and addressed to the Group Chairman, MAN Export Group.

2. Completed Form should be submitted in duplicate copies with the following documents:-

 

A letter titled “Application for the ETLS Facility” addressed to the Minister, Ministry of Co-operation and Integration in Africa (MCIA), Federal Secretariat, Abuja, attached with the following documents:

 

i. (Completed) ETLS Form

ii. NAFDAC Certificate

iii SON Certificate

iv. Certificate of Incorporation

v. MAN Export Group Membership/Clearance Certificate

 

Also:

*Product must have 30% or above value addition &

*60% local content.

*Product must change tariff headings

 

For more clarifications, contact:

The ETLS Desk officer

Mrs. M.S. Ogundero                                                                        

0803 787 9903

Dept. of Co-operation & Development

Ministry of Co-operation & Integration in Africa

Federal Secretariat

Abuja.

 

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Download the new EEG Rate guidelines (PDF)

Export House, Block 312, Kumba Street, Wuse Zone 2, P.M.B. 133, Garki-Abuja.

E-mail: enquiry@nepc.gov.ng

Website: www.nepc.gov.ng,

Tel:09-5230933.Or PRICEWATERHOUSECOOPERS

We are pleased to inform you that with persistent  MANEG  follow up with Ministry of Finance/ NEPC, the EEG guidelines have been amended to make them more export-friendly.

A.The revised EEG Guidelines are out. A circular dated 25th April,2006 issued by the Federal Ministry of Finance was issued.The Guidelines are attached.These have also been posted at NEPC's website (www.nepc.gov.ng)
 
B.The key new features of the revised guidelines are :
 
i) Classification  of exporters into three broad catagories
 
ii) EEG rate slabs for three catagories
 
iii) Treatment of multi product/multi entity company
 
iv) Grace period to MIBS users to enjoy EEG on exports made on or before 1 July
 
v) Extension of NDCC use to excise duty also
 
vi) Additional documentation requirement where major raw material  used in export production is imported
 
vii) EEG application to be made in duplicate(instead of triplicate) only and to be submitted to NEPC only
 
C. Also, on a separate note,NEPC  assured to take a lenient view on Export Certificate to clear Year 2005 backlog. It is only from Oct 2005 exports that this documentation requirement would be strictly enforced.
 
D. NEPC plans to hold an EEG Implementation Committee meeting around 22 May to clear Year 2004/05 backlog
 
E. Many exporters have been issued letters by NEPC regarding discrepancies in 2004 residual NXP's and also 2005 baseline data. Mmebers who have received such letters should respond to NEPC promptly
 
 
 
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