The Federal Government has re-appointed three companies to serve as Pre-shipment Inspection Agents (PIAs) even as it reviewed downwards the Nigerian Export Supervision Scheme (NESS) fees for oil and gas exports effective from May 1, 2012.
The Federal Government has re-appointed three companies to serve as Pre-shipment Inspection Agents (PIAs) even as it reviewed downwards the Nigerian Export Supervision Scheme (NESS) fees for oil and gas exports effective from May 1, 2012.
According to a circular from the Central Bank of Nigeria (CBN) posted on its website Friday, the reappointed inspection agents include Globalscan Systems Technology Limited, JBIS Integrated Resources Limited and Robinson International Energy Limited. In addition to these, Messrs Arlington Securities Limited was also appointed as a Monitoring Agent for Oil and Gas export. The CBN said the appointments, which take effect from April 4, 2012, has a contract tenor of 10 months.
However, the FG failed to renew the appointment of Messers Colbalt International Services Limited, whose ‘contract for oil has run its course and expired’ read the circular signed by CBN Director, Trade and Exchange Department, Mr. Batare Musa.
The FG also announced a 40 per cent reduction in NESS fees for oil and gas export from 0.2 per cent to 0.12 per cent of the Freight on Board (FOB) value effective May 1, 2012.
The Circular titled: TED/FEM/FPC/GEN/01/005 and addressed to all foreign exchange authorised dealers, Nigeria Customs Service, NNPC, DPR all oil and gas companies and the general public, stated that Globalscan has been assigned to Qua Iboe, Bonny Oil, Okoro, Forcados Pennington and Usan oil and gas Terminals.
JBIS on the other hand was assigned to 13 terminals namely Escravos, Erha, Akpo, Bonga, Abo, Ukpokiti, Agbami, Ebok, E.A, Ima Obe, Odudu and Okwori terminals, while Robinson Energy is assigned to Brass River, Okono, Yoho, Antan Oyo and Oso Terminals.
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