The Central Bank of Nigeria (CBN) has appointed eight pre-shipment inspection agents and two monitoring and evaluation companies to supervise crude oil and gas exports, while reallocating major export terminals among the appointed firms.
The development is part of the Federal Government’s efforts to strengthen accountability, transparency and proper monitoring of petroleum exports under the Nigerian Export Supervision Scheme.
The appointments were contained in a circular dated October 29, 2026, signed by the Director of the CBN’s Trade and Exchange Department, Aderinola Shonekan.
The new arrangement took effect from October 2, 2026, with the apex bank directing authorised dealer banks, the Nigeria Customs Service, petroleum regulators, terminal operators and oil and gas companies to comply with the revised allocations.
Under the new arrangement, Dakee Engineering and Construction Limited will oversee the Liquefied Natural Gas terminal, Escravos Gas, Bonny River Terminal and EGTL.
Trexem Energy Services Limited has been assigned Egina, Qua-Iboe and Tulja terminals, while Geoscape Limited will supervise Escravos, ERHA, Odudu and FSO Cawthorne.
Similarly, 617 Limited will oversee Bonga, Brass, Usan and Eagle terminals.
Robinson International Energy Limited has been allocated Ugo-Cha, Penington, Aje, Ima, Oyo and Nembe terminals.
Trobell International Nigeria Limited will handle Forcados, Bonny and Okwori terminals, while Integrated Shipping Services Nigeria Limited will supervise Akpo, Antan, Okoro, Anyala-Madu and Ebok.
Kephren Business Limited will oversee Ukpokiti, Utapate, Yoho, Abo, Agbami, Ajapa, Okono and Okwok terminals, alongside additional marginal streams designated by the Nigerian Upstream Petroleum Regulatory Commission.
The CBN also appointed Q&Q Control Services Limited and Arlington Securitas Nigeria Limited as monitoring and evaluation agents responsible for supervising the activities of the eight inspection companies.
Q&Q Control Services Limited will monitor 617 Limited, Trexem Energy Services Limited, Geoscape Limited and Kephren Business Limited.
Arlington Securitas Nigeria Limited will supervise Dakee Engineering and Construction Limited, Trobell International Nigeria Limited, Robinson International Energy Limited and Integrated Shipping Services Nigeria Limited.
The arrangement establishes a two-tier monitoring structure, with the eight inspection agents responsible for examining export cargoes while the two monitoring companies provide additional oversight of their activities.
Pre-shipment inspection involves verifying the quantity and quality of petroleum products before they leave Nigerian export terminals.
The process is considered important in determining the actual volume of crude oil and gas exported, ensuring accurate documentation and helping the government account for revenue generated from petroleum sales.
The latest appointments follow previous adjustments to the Nigerian Export Supervision Scheme. In May 2024, the CBN appointed 11 agents comprising nine pre-shipment inspection companies and two monitoring and evaluation firms.
The allocation of export terminals was subsequently reviewed in March 2025, while Candid Oil Services Limited was appointed in July 2026 to inspect exports from the Taurus Oil and Gas Depot.
The latest review comes amid the importance of crude oil and gas exports to Nigeria’s foreign exchange earnings.
According to CBN data, oil and gas exports remained the dominant contributor to the country’s merchandise export earnings in the first half of 2026.
The revised arrangement is expected to strengthen the monitoring of petroleum export transactions and improve accountability in the country’s oil and gas sector.
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