CBN Allows Temporary Use Of Expired NAFDAC Licences For Imports

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The Central Bank of Nigeria (CBN) has approved the temporary use of expired National Agency for Food and Drug Administration and Control (NAFDAC) licences for import documentation.

Gatekeepers Newreports that in a circular dated January 26, 2026, and published on its website on Tuesday, the apex bank said authorised dealer banks may continue to process Form M applications using NAFDAC licences that expired on December 31, 2025.

The bank explained that the decision was prompted by operational challenges arising from the migration from the legacy Nigeria Integrated Customs Information System II (NICIS II) platform.

According to the CBN, the approval takes immediate effect and will run for two months, expiring on February 28, 2026.

The circular, signed by Aliyu M. Ashiru for the Director of the Trade and Exchange Department, stated:

“The Central Bank of Nigeria wishes to notify all Authorised Dealer Banks and the general public of a temporary dispensation offered by the National Agency for Food and Drug Administration and Control permitting the continued use of NAFDAC licences that expired on 31st December, 2025, for the processing of Forms M for a two-month temporary dispensation ending February 28, 2026.”

The apex bank clarified that the approval followed a temporary dispensation granted by NAFDAC and applies strictly to Form M processing within the approved period.

It noted that importers have been unable to validate or renew their NAFDAC licences since the system transition, particularly due to difficulties encountered on the B’Odogwu platform after December 2025.

To address the bottlenecks and prevent delays in import documentation, the CBN directed all authorised dealer banks to continue accepting the affected licences during the window.

The bank added that the move is intended to ensure continuity in trade transactions while NAFDAC completes the integration of its systems with the National Single Window.

The CBN stressed that the arrangement is time-bound and will lapse automatically on February 28, 2026, urging banks to comply strictly with the directive.