Do you know what Form M is? Have you heard about Form M? Do you know what Form M is used for?

You don’t have to worry your beautiful brain. Valuehandlers to the rescue, providing you with 15 important things you need to know about Form M.

1. The first official document needed to initiate shipment into Nigeria is the Form M

2. Form M is an E form. That is electronic form. The electronic form replaced the hard copy to reduce human interference and reduce or and eliminate crude corruption and improve ease of doing business.

3. It is a mandatory documentation process.

4. Introduction of the E Form M commenced November 22, 2012 but full implementation of the electronic Form M began December 06, 2012 during the era of President Goodluck Ebele Jonathan and Ngozi Okonjo Iweala as Finance Minister.

5. It is out in place by the Federal Government of Nigeria, Through the Federal Ministry of Finance (FMF) and Central Bank of Nigeria (CBN).

6. It exists to monitor goods that are being imported into the country.
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