Glossary of Terms

Below are a list of terms common with the Nigerian Export Supervision Scheme with accompanying definitions.

Nigerian Export Supervision Scheme

Nigerian Export Proceeds Form

Request for Inspection Form

Free-on-board cost

Cost, Insurance, Freight

Pre-shipment inspection agent

Harmonized system code

Central Bank of Nigeria

Nigerian customs service

Department of petroleum resources

Nigeria export promotions council

clean certificate of inspection is the certificate issued to an exporter when the item meets the required specifications, quality, quantity and the true value of good to the consignee

Non Negotiable certificate of inspection is a certificate that is issued in the event of uncovering discrepancies with the exported that cannot be corrected immediately with the exporter’s goods.

This is a document that includes details about the contents of a package

This is a document issued by a carrier which details a shipment of merchandise and give title of that shipment to a specified party.

This is a letter issued by a bank to another bank (especially one in a different country) to serve as a guarantee for payments made to a specified person under specified conditions.