Intro
If you import goods into Nigeria, the word "bonded terminal" comes up a lot. But what exactly is it, and why should you care?
For many importers, choosing the right terminal is the difference between profit and loss.
What Is A Bonded Container Terminal?
A bonded container terminal is a customs-approved facility where imported goods can be stored without paying import duties and taxes immediately. The goods are under customs control until you’re ready to clear them.
Think of it like a "duty-free warehouse" for containers.