CBN APPOINTS 11 AGENTS FOR OIL AND GAS EXPORTS.

Babatunji Wusu –

The Central Bank of Nigeria (CBN) has authorized 11 pre-shipment monitoring and evaluation agents for Nigeria’s oil and gas exports.
According to Naija News, Dr Hassan Mahmud, Director of the apex bank’s Trade and Exchange Department, announced the appointment in circular TED/FEM/PUB/FPC/OO1/014 dated May 13, 2024.

According to the circular, the appointment is effective immediately. According to the circular acquired by journalists on Tuesday, the positions are divided into nine pre-shipment inspection agents and two monitoring and assessment agents.

The circular listed the nine Pre-Shipment Inspection Agents as follows:

1- Neroli Technologies Limited: Qua Iboe, Forcados, and Bonny
2- Holborn Oil and Gas Inter Ltd: Usman, Egina, and Yoho
3- Swede Control Intertek Ltd: Ima (Otakikpo), Erha, and Ajapa
4- Fel Tov Energy & Investment Ltd: Tulja, Antan and Odudu
5- JBIS Inter; Resources Ltd: Agbami, Bonga, Okoro and Akpo
6- Patibon Services Ltd: Ebok, Oyo, Pennington, E.A, and Okwori
7- Offshores Bulk Inspection Co Ltd: Escravos, Brass and Anyyala-Madu
8- Candid Oil Services Ltd: Okono, Ugo-Cha, Abo and Aje
9- Dakee Engineering and Construction Limited: LNG, Escravos and Bonny River Terminal (BRT).

Monitoring and Evaluation Agents:

1- Arlington Securities Nigeria Limited: JBIS, Offshore Bulk Inspection Co.Ltd, Neroli Holborn Oil Gas, Dakee Engineering & Construction Ltd (Gas), and DV Howells Nigeria Limited
2- DV Howells Nigeria Limited: Feltov Energy, Swede Control, Patibon Services, and Candid Oil Services Ltd.

The CBN has also informed authorized dealers, including the Nigerian Customs Services, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian National Petroleum Company Limited (NNPCL), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), all terminal operators, and all oil and gas companies about the directive, Naija News understands.