Regulatory Alerts2026-07-01 | TED/FEM/FPC/PUB/001/004Added · Updated
Allocation of Taurus Oil Gas Depot to Messrs Candid Oil Services Limited as Pre-Shipment Inspection Agent
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.
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 Limited | Taurus Oil and Gas Depot |
Please note and ensure compliance.
Aderinola Shonekan
Director, Trade & Exchange Department
More like this from CBN
CBN published 1 document in the last 30 days. We email you each new one the day it's published.