Home Business CBN appoints 2 pre-shipment agents for cargoes

CBN appoints 2 pre-shipment agents for cargoes

by Kunle Awosiyan

The Central Bank of Nigeria (CBN) has appointed two pre-shipment inspection agents; Carmine Assayer, and Cobalt International to inspect all non-oil exports emanating from northern and south-western parts of Nigeria.

The Pre-Shipment Inspection Agents (PIA) have also been charged to report all unwholesome activities or substandard exports to the Nigerian Shippers Council.

Director,Trade and Exchange Department of the CBN, Dr. Ozoemena Nnaji, stated that Carmine Assayer has been re-assigned from the northern zone to serve as PIA for non-oil export for the south-west zone, comprising Lagos, Ondo, Osun, Ekiti and Ogun states; while Cobalt International was re-assigned from the south-west zone to the north-central, north-east and north-west zones.

PIAs are expected to submit monthly, quarterly and annual statistical returns on export transactions to the Federal Ministry of Finance, Central Bank of Nigeria, Nigerian Export Promotion Council (NEPC), National Bureau of Statistics, Office of the Secretary to the Government of the Federation and the Nigeria Customs Service.

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