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Individual decision · CBN · 1 Jul 2026 · TED/FEM/FPC/PUB/001/004

Allocation of Taurus Oil Gas Depot to Messrs Candid Oil Services Limited as Pre-Shipment Inspection Agent

licensing

The Federal Government has appointed Messrs. Candid Oil Services Limited as the Pre-shipment Inspection Agent for Oil Export at the Taurus Oil and Gas Depot. This allocation is made in line with the provisions of the PIA Act, 1996. Authorised Dealer Banks, Nigeria Customs Service, and other relevant entities are notified to ensure compliance with this appointment.

NigeriaCentral Bank of Nigeria

Central Bank of Nigeria

Trade & Exchange Department

Plot 33, Abubakar Tafawa Balewa Way Central Business District P.M.B. 0187, Garki, Abuja – Nigeria. Email: ted@cbn.gov.ng Website: www.cbn.gov.ng Phone: +234 (0)9 462 37804

TED/FEM/FPC/PUB/001/004
July 1, 2026

TO:
ALL AUTHORISED DEALER BANKS
NIGERIA CUSTOMS SERVICE
NIGERIAN UPSTREAM PETROLEUM REGULATORY COMMISSION NIGERIAN NATIONAL PETROLEUM CORPORATION LIMITED NIGERIAN MIDSTREAM AND DOWNSTREAM REGULATORY AUTHORITY ALL TERMINAL OPERATORS ALL OIL AND GAS COMPANIES AND THE GENERAL PUBLIC

RE: ALLOCATION OF TAURUS OIL AND GAS DEPOT TO MESSRS CANDID OIL SERVICES LIMITED AS PRE-SHIPMENT INSPECTION AGENT

This is to notify all Authorised Dealer Banks, Nigeria Customs Service, Nigerian Upstream Petroleum Regulatory Commission, Nigerian National Petroleum Corporation Limited, Nigerian Midstream and Downstream Petroleum Regulatory Authority, All Terminal Operators, All Oil and Gas Companies and the General Public that the Federal Government has appointed the company listed below to operate as a Pre-shipment Inspection Agent (PIA) for Oil Export, in line with the provisions of the PIA Act, 1996.

NAME OF PRE-SHIPMENT AGENT (PIA)TERMINAL ALLOCATED
Messrs. Candid Oil Services LimitedTaurus Oil and Gas Depot

Please note and ensure compliance.

Aderinola Shonekan
Director, Trade & Exchange Department

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PIA Act, 1996Not in RegAlertPIA Act, 1996 — Not in RegAlertAllocation of Taurus Oil GasDepot to Messrs Candid Oil Se…2026-07-01 · this documentAllocation of Taurus Oil Gas Depot to Messrs Candid Oil Services Limited as Pre-Shipment Inspection Agent (2026-07-01)
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Issued under
  • PIA Act, 1996Not in RegAlert

    “in line with the provisions of the PIA Act, 1996.”

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Source: Central Bank of Nigeria — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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