Regulatory Alerts2012-01-20 | TED.FEM.FPC.GEM.01.004RE: Request for Information on Petroleum Products Importation for the Period 2006 and 2007
The Central Bank of Nigeria's Trade & Exchange Department has requested Authorized Dealers to urgently submit information on petroleum products importation from 2006 to 2007 and from October to December 2011. This information should be submitted in a specified template by January 25, 2012. The submission should include details such as transaction reference number, importer registration certificate, bill of lading number, product description, volume specifications, and other supporting documents. Failure to comply will result in appropriate sanctions being imposed.
CENTRAL BANK OF NIGERIA Corporate Head Office Central Business District P.M.B. 0187, Garki, Abuja, FCT TRADE & EXCHANGE DEPARTMENT Tel: ...... 09-46237825- Fax: 09 46237802 E-mail address:ted@cenbank.org TED/FEM/FPC/GEN/01/004 January 20, 2012
To: All Authorised Dealers
RE: REQUEST FOR INFORMATION ON PETROLEUM PRODUCTS IMPORTATION FOR THE PERIOD 2006 AND 2007 Further to the circular reference No: TED/FEM/FPC/GEN/01/022 of October 17, 2011, Authorised Dealers are required to urgently submit information on Petroleum Products importation carried out during the period 2006 to 2007 and from October to December 2011.
The information should be submitted using the attached template, to reach the Director, Trade & Exchange Department, Abuja on or before close of business on Wednesday January 25, 2012.
Please ensure compliance accordingly, failing which appropriate sanction shall be imposed.
ONYINYE L. AHUCHOGU (MRS.) for: DIRECTOR TRADE & EXCHANGE DEPARTMENT
| Schedule of Petroleum Products Importation Transaction | ||
|---|---|---|
| S/N | Item | 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) | waon |
| 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 |