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Nigeria Issues Guidance for Export Grant Claims

As it prepares to launch an official online portal, Nigeria recently issued guidance for exporters participating in its export expansion grant scheme, KPMG said in an Oct. 16 post. Exporters must submit their “baseline data and application claim” covering exports…

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in 2019 and 2020 by Nov. 20, Nigeria said. The 30-day timeline, which started Oct. 19, “may not be sufficient time” for some, KPMG said, especially because some exporters “may not have finalised the statutory audit of their 2019 accounts” due to delays caused by the COVID-19 pandemic. KPMG said it is “not yet known” whether Nigeria will extend the submission timeline.