he initial validity period of an approved e-Form "M" for general merchandise shall be 180 days, which may be extended for 180 days by the Authorized Dealer. For capital goods, the initial validity of an approved e-Form "M" shall be 365 days subject to a maximum extension of another 365days. However, any subsequent request for subsequent revalidation of e-Form "M" shall be forwarded to the Director Trade and Exchange Department, Central Bank of Nigeria, for consideration.