The Central Bank of Nigeria (CBN) has appointed eight pre-shipment inspection agents to monitor crude oil and gas exports. This move is part of the Nigerian Export Supervision Scheme, aimed at ensuring the effective monitoring of export cargoes. The appointments, announced in a notice signed by Aderinola Shonekan, Director of the CBN’s Trade and Exchange Department, took effect on October 2, 2026.
The eight inspection agents have been assigned to specific crude oil and gas export terminals. Dakee Engineering and Construction Ltd. has been assigned to LNG, Escravos (Gas), Bonny River Terminal (BRT), and EGTL. Trexem Energy Services Limited will oversee Egina, Qua-Iboe, and Tulja, while Geoscape Limited will monitor Escravos, ERHA, Odudu, and FSO Cawthorne. Other agents and their assigned terminals have also been specified by the CBN.
In addition to the inspection agents, the CBN has appointed two monitoring and evaluation agents to oversee their activities. Q&Q Control Services Limited will monitor 617 Limited, Trexem Energy Services Limited, Geoscape Limited, and Kephren Business Ltd. Arlington Securitas Nigeria Limited will monitor Dakee Engineering and Construction Ltd., Trobell International Nigeria Limited, Robinson International Energy Ltd., and Integrated Shipping Services Nigeria Ltd.
The appointments follow previous changes to the CBN’s monitoring arrangements for crude oil and gas exports. The new appointments update the companies responsible for inspecting export cargoes and the terminals assigned to them. The CBN has directed authorised dealer banks, the Nigeria Customs Service, petroleum regulators, terminal operators, and oil and gas companies to comply with the revised arrangements.
Nigeria’s gas export earnings have seen significant growth, rising to $2.53 billion in the first quarter of 2026. This reflects stronger earnings from the country’s natural gas sector and contributes to its external trade position. The growth in gas exports is a positive development for Nigeria’s economy.
The revised inspection arrangements place designated agents in charge of specified export terminals, while the monitoring and evaluation companies oversee the inspection agents’ activities under the scheme. The CBN had previously appointed 11 pre-shipment inspection and monitoring agents under the export supervision scheme in May 2024. The allocation of oil export terminals was reviewed in March 2025.
The CBN’s move is aimed at ensuring the effective monitoring of crude oil and gas exports. The appointments also demonstrate the bank’s commitment to strengthening the regulatory framework for the oil and gas sector. The new arrangements are expected to enhance transparency and accountability in the export of crude oil and gas.
Key points
- The Central Bank of Nigeria has appointed eight pre-shipment inspection agents and two monitoring and evaluation agents for crude oil and gas exports.
- The appointments are part of the Nigerian Export Supervision Scheme and aim to ensure the effective monitoring of export cargoes.
- Nigeria’s gas export earnings rose to $2.53 billion in the first quarter of 2026, reflecting stronger earnings from the country’s natural gas sector.
