2011-05-16 | TED.FEM.FPC.GEN.01.007

Endorsement of Department of Petroleum Resources (DPR) permits used for importation of petroleum products

The Central Bank of Nigeria has issued a circular to authorized dealers, the Nigeria Customs Service, the Nigerian National Petroleum Corporation, the Department of Petroleum Resources, and oil and gas companies, outlining new guidelines for the endorsement of DPR permits used for the importation of petroleum products. The guidelines include requirements for authorized dealers to endorse DPR permits with specific information and ensure the submission of shipping documents by importers. Non-compliance may result in sanctions, including suspension from the Foreign Exchange Market.

Nigeria

Central Bank of Nigeria

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