Regulatory Alerts2011-10-17 | TED.FEM.FPC.GEN.01.022Request for Information on Petroleum Products Importation for the Period 2008 to Date
The Central Bank of Nigeria has requested all authorized dealers submit information on petroleum products importation from 2008 to date. Submission is required using an attached template and must be sent to the Director, Trade and Exchange Department in Abuja by Wednesday, October 19th, 2011. Compliance is mandatory; failure to comply will result in appropriate sanctions. The template includes sections for company registration information, transaction details, bill of lading numbers, discharge depot addresses, and supporting document tags. Photocopies of the required supporting documents must be included in a ring folder with the tag number(s) stated in each row of the schedule. Each page within this folder should also be numbered, and the total number of pages should be mentioned in the covering letter to the Central Bank.
CENTRAL BANK OF NIGERIA Corporate Head Office Central Business District P.M.B. 0187, Garki, Abuja, FCT Tel: ......................
Fax : .............
09-46237804 09-46237811 e-mail:-ted@cbn.gov.ng Our Ref: TED/FEM/FPC/GEN/01/022 October 17, 2011.
ALL AUTHORISED DEALERS, TO: REQUEST FOR INFORMATION ON PETROLEUM PRODUCTS IMPORTATION FOR THE PERIOD 2008 TO DATE All Authorised Dealers are required to urgently submit information on Petroleum products importation carried out from year 2008 to date.
The information which should be submitted, using the template attached should reach the Director, Trade and Exchange Department, Abuja, on or before close of business on Wednesday, 19th October, 2011.
Please ensure compliance accordingly, failing which appropriate sanction shall be imposed.
UNTROW BATARI MUSA DIRECTOR, TRADE AND EXCHANGE DEPARTMENT TRADE & EXCHANGE DEPARTMENT
| Schedule of Petroleum Products Importation Transaction | ||
|---|---|---|
| S/N | ltem | Description |
| 1 | Form "M" No | |
| 2 | Form "M" Registration Date | |
| 3 | Transaction Ref. No.(LC No or BC No) | |
| 4 | Importer RC No | |
| 5 | Name and Address of Importer | |
| 6 | Form "M" Value ($) | |
| 7 | BC/LC Value ($) | |
| 8 | Total Negotiated Amount ($) | |
| 9 | Source of Funds | |
| Details of Collection Order for Bills for | ||
| 10 | Collection | |
| 11 | Product Description on Form "M" | |
| 12 | Volume Specification on Form "M" | |
| 13 | Date of DPR Permit | |
| 14 | Volume Specification on DPR Permit | |
| 15 | Expiration Date of DPR Permit | |
| 16 | Country of Supply | |
| 17 | Port of Loading | |
| 18 | Port of Discharge | |
| 19 | Bill of Lading No | |
| 20 | Bill of Lading Date | |
| 21 | Consignee Details on Bill of Lading | |
| 22 | Volume Specification on Bill of Lading | |
| 23 | Name of Vessel | |
| 24 | Ship to Ship (STS) Details | |
| 25 | SGD Date | |
| 26 | Product Specification on SGD | |
| 27 | Volume Specification on SGD | |
| Product Specification on Product | ||
| 28 | Certificate | |
| Volume specification on Product | ||
| 29 | Certificate | |
| 30 | Delivery Date on Product Certificate | |
| 31 | Discharge Depot | |
| 32 | Address of Discharge Depot | |
| Supporting Document Tag No(s) (e.g | ||
| 33 | 1,2,3) | aon |
| Note | |
|---|---|
| a. | Photocpies of the supporting documents listed below should be forwarded in a ring folder: |
| Supporting | |
| Document | Description |
| Tag No | |
| 1 | Form "M" |
| 2 | DPR Permit |
| 3 | Bill of Lading (Mother and Daughter Vessel where applicable) |
| 4 | Single Good Declaration (SGD) |
| 5 | Product Certificate |
| The tag number(s) of supporting document(s) forwarded should be stated in each of the rows of | |
| this schedule. (e.g if Form "M", Bill of Lading and Product Certificate are contained in the folder | |
| b. | for each of the importation, tag numbers 1,3 and 5 should be recorded in the last column of |
| the schedule) | |
| C. | Each page in the folder containing the above listed supporting documents should be numbered |
| d. | Total numbers of pages should be stated in the covering letter to CBN |