The Central Bank of Nigeria (CBN) has appointed eight Pre-Shipment Inspection Agents (PIAs) to monitor and verify all crude oil and gas exports leaving the nation’s terminals, in a major move aimed at curbing oil theft and bolstering revenue transparency.
The announcement was contained in a circular issued by Aderinola Shonekan, Director of Trade and Exchange at the apex bank, dated October 28, 2026. The directive takes immediate effect.
Terminal Breakdown & Assignments
The eight appointed firms will oversee specific offshore and onshore terminals across the country:
Trexem Energy Services Limited: Egina, Qua-Iboe, and Tuja terminals.
Dakee Engineering & Construction: LNG, Escravos (Gas), Bonny River Terminal, and EGTL.
Geospace Limited: Escravos, Odudu, and Crawthorne terminals.
617 Limited: Bonga, Brass, and Usan/Eae terminals.
Robinson Energy International Limited: Ugo-Cha, Pennington, Oyo Aje, Ima, and Nembe terminals.
Trobell International Nigeria Limited: Forcados, Bonny, and Okwori terminals.
Integrated Shipping Services: Akpo, Antan, Okoro, Anyala-Madu, and Ebok terminals.
Nephron Business Limited: UK Politics, Staple, Yoho, Abo, Agbami, Ajakpa, Okono, Okwok, and additional NUPRC-designated marginal field streams.
Independent Oversight Mechanism
To ensure compliance and eliminate operational lapses, the CBN also appointed two Monitoring and Evaluation Agents (MEAs) to supervise the inspection firms:
Q&Q Control Services
Arlington Security Services
The circular has been formally dispatched to key industry stakeholders, including authorized dealer banks, the Nigeria Customs Service, terminal operators, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), NNPCL, and active oil and gas companies.
